projected on Monday that the Peruvian economy will increase 2.8% this year.
"An increase in Gross Domestic Product (GDP) is expected for the remainder of this year and next year, but at a somewhat slower pace than in 2024. We are projecting a 2.8% growth this year and 2.6% next year, supported by low inflation and measures to boost private investment," OECD Secretary-General Mathias Cormann indicated.
"Since 2022 and 2023, GDP has been increasing, and this growth is based on what the economy has been developing, in addition to the application of fiscal rules, as well as the combination with the exports that have been expanding. All of this has been improving revenues," he added.
The OECD Secretary-General stated that there could be some risks affecting the expansion of the economy in 2024 and 2025, both domestically and internationally.
"Of course, there are risks, including national and international political uncertainty, various concerns, and the implications for Peru regarding United States tariffs," he said.
The Secretary-General stated that the OECD Economic Report 2025 is part of the process to identify the opportunities available to Peru so it can continue its accession to the multilateral organization.
"Monetary policies have also helped reduce inflation, and the decisive action by the Central Reserve Bank regarding inflation in Peru has contributed significantly, from a high of 8% in 2022 to just 1.1% in August of this year," Cormann indicated.
"Our advice is that monetary policies should be maintained while also integrating domestic risks to foster stability," he said.
The OECD is an intergovernmental organization of 38 countries, with the mission of promoting policies that improve the economic and social well-being of people around the world.
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