Andina

Peru's economic situation is stable and attractive

17:07 | New York (U.S.), Sep. 14.

Economy and Finance Minister Carlos Oliva on Friday affirmed that investors have acknowledged Peru's economic situation is stable and attractive.

"Investors highlight Peru's strengths that protect it from international shocks (…). The effects on Peru have been minimal so far," the cabinet member expressed. 

According to the official, the impact on exchange rates has been minimal, and the country's risk is decreasing. 

"The fiscal and monetary strengths we possess are helping us withstand international shocks," he added. 

Furthermore, Oliva said the meetings with investors were productive since the Inca country has left a good impression.

"(…) The acknowledgment of Peru's strengths should make us all Peruvians proud," he stated.

The government official went on to add this achievement is the outcome of the sacrifice and efforts undertaken by the corresponding administrations over the last 30 years.

Road Show

As is known, Finance Minister Carlos Oliva and Central Reserve Bank of Peru (BCR) Governor Julio Velarde led inPERU's 14th Road Show "New York 2018" on September 13-14.

The event was aimed to promote the Inca nation, as well as share the guidelines of the fiscal and monetary policy implemented in the country.

The 22-people delegation included national authorities, inPERU Chairman Francis Stenning, private sector representatives, and press members.

Peruvian Bank Association (Asbanc) President Martin Naranjo and American Chamber of Commerce of Peru (AmCham) Executive-Director Aldo Defilippi were also among the attendees. 

About

inPERU is a non-profit Peruvian association founded by the main business organizations of the Inca market.

On this occasion, the road show will focus on the financial sector.

(END) JJN/JJN/DTK/MVB

Published: 9/14/2018