World Bank has "optimistic view" of Peru for 2018

COP20 Centro Financiero Lima San Isidro Surco

COP20 Centro Financiero Lima San Isidro Surco

13:48 | Lima, Jan. 1.

The World Bank Group has an optimistic view of Peru's growth prospects for 2018, based on the Inca country's macroeconomic management and a better global environment, WBG Vice-President for Latin America and the Caribbean Jorge Familiar underscored.

"We see an external environment that is much more favorable, and we have repeatedly noted that Peru is a country which has been managed very well, from the macroeconomic point of view […]. Therefore, we have a very optimistic view of Peru for the future," he told Andina news agency.

In the latest presentation of the organization's outlook for Latin America in 2018, WBG notes that —according to FocusEconomics' Consensus Forecast LatinFocus— Peru's GDP will grow 2.7% in 2017 and 3.9% in 2018.

"Peru has been up on the growth ranking in Latin America, and we hope that it will continue moving forward," said Familiar.

The next World Bank Group's projections will be revealed in April 2018.


Published: 1/1/2018