Dr. Alejandro Toledo was democratically elected President of Peru, serving from July 2001-July 2006. The fight against poverty through health and educational investment was the central aim of Toledo's presidency. As a result of sustained economic growth and deliberate social policies directed to the most poor, extreme poverty was reduced by 25 percent in five years. Employment grew at an average rate of 6 percent from 2004-2006. During the five years of Toledo’s presidency, the Peruvian economy grew at an average rate of 6 percent, registering as one of the fastest growing economies in Latin America.