was chosen as the President of the Council of Ministers in the Toledo government in June 2003, and Eduardo Iriarte, who ran for the Second Vice President on the ticket with Fernando Olivera during his presidential run in 2001 and who would later serve as Minister of Production, Minister of Transportation and Communications and Director of the National Reserve Bank during the Toledo administration. In February 2004, Fernando Olivera "announced that his political group would not participate in the discussion of the new cabinet the government was starting to overcome the existing governing crisis in the country, but that the alliance with Peru Possible remains firm." The wear and tear that Peru Possible, the party of President Alejando Toledo, suffered was similar to that suffered by the FIM. Some of its representatives were questioned "among them Olivera himself, who despite being ambassador to Spain spends more time in Lima, dedicated to political work; or the regional president of Cusco, who has just enacted a regional ordinance recognizing the free cultivation of the coca leaf in some valleys of that region," and as a result they began to lose popular support and soon they disappeared from public opinion polls, which hindered their electoral possibilities for 2006. At the end of the Alejandro Toledo government, the alliance with the FIM came to its end. References External links Party Website on the Congresses server 1990 establishments in Peru 2006 disestablishments in Peru Defunct political parties in Peru Political parties disestablished in 2006 Political parties established in 1990