The Peruvian economy recovered for the fourth consecutive month in August
, said President Martin Vizcarra, noting that this growth trend is encouraging.
As he explained, the economy experienced a single-digit decline in August after a sharp drop in April —due to the pandemic— plus the recovery that began in May and continued in June and July.
"August figures are encouraging in this steady growth trend of our economy," he underscored.
At the same time, employment continued to rise in September, he said, and nearly 300,000 jobs were recovered only in the Lima Metropolitan Area —compared to the previous month— especially in the construction sector.
"The results show that Peru is in the process of reactivation, and this last quarter of the year will be crucial to the economic scenario," Vizcarra commented.
"And, in the last three months of the year, we will complete the payment of the second Universal Family Bond to more than 8,400,000 households, which entails an investment of S/6.5 billion (around US$1.8 billion) for those who need it most. Regarding education, we have begun the delivery of one million tablets," he added.