REFILE-UPDATE 2-Peru's Humala abruptly replaces his finance minister with key adviser
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By Marco Aquino
LIMA, Sept 14 (Reuters) - Peru's President Ollanta Humala replaced his influential finance minister with the ministry's chief adviser late on Sunday in a surprise shake-up that comes amid the worst economic slowdown in five years.
Incoming Finance Minister Alonso Segura said his priority would be to consolidate reforms already underway in Humala's government, with an eye toward jump-starting economic growth.
Segura said the global minerals exporter's economy would likely expand by less than 4 percent this year - lower than the government's last official forecast of 4.2 percent and far below the annual average of 6.4 percent in the past decade.
However, Segura, who previously worked as an economist with the International Monetary Fund and with Banco de Credito, Peru's biggest bank, called the economic lull "transitory" and said he would evaluate new measures to stimulate growth.
"It is very important that we do all we can to reactivate expectations," Segura said in an interview on state television shortly after being sworn in.
Outgoing Finance Minister Luis Miguel Castilla, a former World Bank economist, was considered the most powerful person in Humala's cabinet.
He was central to easing investors' fears that Humala, a former leftist military officer who rose to power in 2011, would not veer from the orthodox economic policies that had been in place for two decades in Peru. Continuación...