10:32 | Urubamba (Cusco region), Nov. 15.
During his participation at the 61st edition of the Annual Conference of Executives (CADE-Executives),
Peruvian Prime Minister Alberto Otarola reiterated the Government's support for private investment as engine of the country's development.
"At this moment, in this CADE's edition, and strongly influenced by the task of governing it has been given, the Executive Branch reaffirms that it will support private investment, which is the true engine of the country's development," he expressed.
The Cabinet chief stated that restoring confidence between the State and the private sector, in a complex situation, is key.
Moreover, he recalled that Peru had overcome adverse moments thanks to the resilience and determination of everyone, without exception.
"For the Government of President (Dina) Boluarte, the private sector is and must be a strategic ally, and each of our initiatives is aimed at building confidence to steer us onto a more prosper and inclusive Peru," Otarola stressed.
In his speech, the Prime Minister pointed out that events such as social conflicts, the Yaku Cyclone, the water and fishing crisis, and the current El Niño phenomenon, have led the country into a challenging, but temporary, situation.
"In spite of that, economic engines such as mining and fishing continue operating and will continue to do so, thanks to the agreements that we have been reaching with private companies," the Ministerial Cabinet head remarked.
"We have prepared concrete measures to support construction, manufacturing, and agricultural exports. We are optimistic, and we anticipate a recovery in the first quarter of next year," he added.
Under the motto "Believe again, grow again," the 61st edition of the Annual Conference of Executives (CADE-Executives) was inaugurated on Tuesday afternoon.
The event is scheduled from November 14 to 16 in the province of Urubamba (Cusco region).
(END) RMCH/JCR/RMB/MVB
Published: 11/15/2023