The Peruvian government, under Dina Boluarte, has officially designated the year 2025 as the "Año de la recuperación y consolidación de la economía peruana." This designation was made through Decree Supreme No. 149-2024, published in El Peruano. The name reflects the government's focus on economic recovery and consolidation, emphasizing sectors like investment, consumption, and macroeconomic stability. A proposal to name 2025 as the "Bicentenario de José Faustino Sánchez Carrión" was made by the Regional Government of La Libertad but was not officially approved.