The President of the Council of Ministers, Gustavo Adrianzén, highlighted that Peru continues to show a solid and resilient economic performance, despite the challenges facing the region and thanks to a responsible management of economic policy.
“Compared to other Latin American countries, ours remains a benchmark in terms of economic stability, with favorable indicators in key areas” the Prime Minister stressed.
"We are going to grow above the regional average, which for the end of the year is 2 %. Our projection is 3.2 %, a result higher than other countries like Chile (2.3 %), Colombia (1.8 %) and Mexico (1.5 %). We are a strong economy," explained the head of the Ministerial Cabinet.
On the other hand, he said, inflation remains one of Peru’s macroeconomic strongest indicators. The prime minister pointed out that Peru has the lowest projection in the region in this field, with 2.3 %, below Paraguay (3.4 %), Chile (4.2 %), Mexico (4.6 %), Brazil (4.9 %) and Uruguay (5 %).
"With the exception of Peru, inflation in the region exceeds 3%. This reflects the strength of our economic policy in the face of international challenges," said Adrianzén.
Regarding international reserves, the prime minister reported that, as of December 26, these reached US$83.052 billion, equivalent to 29 % of Peru GDP. This indicator places Peru as a regional leader, above Brazil (15.2 %), Chile (13.3 %) and Colombia (13 %).
"These figures demonstrate the strength of our economy to face of external shocks and guarantee meeting our financial obligations," he said.
The head of the Cabinet of Ministers stressed that these indicators contribute to Peru, together with Uruguay and Chile, being among the countries with the safest bonds in Latin America, according to the EMBI (Emerging Markets Bond Index).
With 154 points of country risk, Peru is well below the regional average of 458 points, consolidating itself as one of the most solid countries in terms of country risk.
More in Andina:
(END) JCC / MDV
Published: 12/31/2024