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IMF: Peru has macro-fiscal strength, capacity to attract new investments

Photo: Ministry of Economy and Finance of Peru

18:19 | Lima, Jul. 17.

The International Monetary Fund (IMF) on Wednesday highlighted Peru's macro-fiscal strengths, as well as its capacity to draw new investments aimed at fostering sustainable growth.

IMF First Deputy Managing Director Gita Gopinath also underscored the Peruvian economy's resilience.

La directora general adjunta del FMI destacó las fortalezas macrofiscales del Perú y su resiliencia, así como su potencial para atraer inversiones importantes para fomentar un crecimiento sostenible. pic.twitter.com/i9TR5QZEAA
— Ministerio de Economía y Finanzas (@MEF_Peru) July 17, 2024

Economy-Finance Minister Jose Arista met this morning with the IMF official to discuss fiscal policy issues and growth outlooks for Peru, the Ministry of Economy and Finance reported via X (formerly Twitter).

The participating teams at this meeting reaffirmed their commitment to continue working jointly on fiscal and climate change issues.

El ministro @JoseArista_A se reunió con Gita Gopinath, directora general adjunta del @FMInoticias, para abordar temas de política fiscal y perspectivas de crecimiento del Perú. pic.twitter.com/kSyGGIquVC
— Ministerio de Economía y Finanzas (@MEF_Peru) July 17, 2024

Forecasts

Economy-Finance Minister Jose Arista on Wednesday indicated that, following the GDP rate above expectations registered last May, Peru's economic activity could grow more than 3.1% in 2024.

"Our projection is around 3.1%, matching with the Central Reserve Bank (BCR). However, internally, we are confident that this growth will be (higher) by a few percentage points," he said in remarks to TVPeru.

(END) SDD/MVB

Published: 7/17/2024

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IMF: Peru has macro-fiscal strength, capacity to attract new investments

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