Andina

Deputy Min in New York: 'Peru offers great investment opportunities to the world'

Wall Street

Wall Street

10:41 | New York (U.S.), Sep. 5.

Deputy Economy Minister Carlos Gonzalez underscored that Peru offers great investment opportunities to the world, especially those emerging in the United States.

During his participation in the XVII inPERU Road Show, which is taking place in New York City, Gonzalez pointed out that the responsible fiscal policy management allows for reaffirming the commitment to reach deficit and debt levels within the framework of fiscal rules.

"Peru offers great investment opportunities to the world, but especially for capital from the United States, with the aim that it can come to our country," he stated.

In his speech, Gonzalez also said that our country is aiming for an annual 5% growth. Therefore, the participation of foreign direct investment (FDI) is very important.

Similarly, the government official stressed that Peru's regulatory framework protects investment and private property.

The deputy minister added that our country "is the gateway to other markets" due to its geographical position.

Gonzalez noted that Peru's economy has maintained the highest growth among countries in the region over the past 20 years.

He added that it also maintains "the lowest inflation in the region, thanks to the proper management of its monetary policy."

"Macroeconomic strength is reflected in low levels of country risk and greater stability compared to its regional peers," Gonzalez stated.

The economist also said that prudent management of public finances, such as Peru's, allows for a low public debt level, "even lower than that of countries with higher credit ratings."

Lastly, he explained that the measures being implemented, within the framework of the delegation of powers granted by the Congress of the Republic, "will contribute to the economic recovery."

(END) JCC/MVB

Published: 9/5/2024