Peru's economic growth forecast should remain the same for 2018, following the presidential resignation and an orderly power transition, private-run Peruvian Economy Institute (IPE) General Manager Diego Macera said.
"[…] the country has already been punished because of the political uncertainty, with growth rates [being reduced] from
4% to 3.5%, or 3.3%. For this reason, I don't think 2018 growth projections will remain affected," the officer expressed.
Indeed, he said, one might think of a positive development environment, in which there is a better relationship between the
Executive and Legislative Powers. This may allow moving pending and delayed projects forward.
The announcement was made during a televised address to the nation.
Real economic impact
Macera also noted the Inca country's real economy is likely to be somehow impacted by President Kuczynski's resignation.
(END) MMG/JJN/FGM/MVB
Published: 3/22/2018