indicated that economic activity in Peru might have grown up to 3.2% last April.
"2023 was a bad year; nonetheless, after the fourth quarter and now in the first quarter of this year, we are already showing an improvement of 1.4%. We are already coming out of the recession we faced last year," Arista expressed.
"In April, things looked much better; we have grown between 3.1% and 3.2%, and we expect that growth to be sustained in the coming months," he added.
"For the following years, our projection, obviously quite conservative, is 3%, but I think that for everything that lies ahead for Peru, I am confident that we will register growth close to 5%," he indicated.
During the Economic Reactivation Plan Business Breakfast, organized by the Peruvian-Chinese Chamber of Commerce on May 31, the minister underscored that Peru's economic recovery is underway.
"The numbers are on our side, and we are very pleased about that. Besides, we are implementing measures to consolidate economic growth," Arista affirmed.
"We want to strengthen the fiscal side and our debt level; we have US$76 billion in (net international) reserves. Peru is a solid country, very safe on that side," he added.
The high-ranking official emphasized that one must be very respectful of Peru's Political Constitution and the government mandates that are outlined in the nation's Magna Carta.
"I hope all Peruvians are totally respectful of that, because truncating it means, somehow, cutting short the country's growth and development process," Arista expressed.
"We have to continue generating conditions to boost investments. The economic aspect is going well, but the political side sometimes experiences small shocks, and that must be avoided as much as possible," he concluded.