14:27 | New York (U.S.), Sep. 14.
The situation of Peru is good despite the turbulent international context, Central Reserve Bank (BCR) Governor Julio Velarde said on Friday.
"The problem in Peru is the bureaucratic obstacles. Therefore, the
Economy Minister (Carlos Oliva) has announced —in New York— plans to make a greater use of the Project Manager Office (PMO), which can help
public investment (...)," he stated.
On the other hand, Velarde noted Peru's strength reflected in the dollar's stability, which has depreciated very slightly, by less than 3% so far this year and less than 2.4% in the last 12 months.
"Over recent days, we've noticed that emerging currencies have started to strengthen against the dollar," he remarked.
According to the Central Bank's governor, the
trade war poses a risk, but a possible short-term solution cannot be ruled out.
"50% of markets believe the United States will reach an agreement with China, by giving in at some point, obviously," he explained.
"Nobody foresees a sharp economic slowdown in China or a fall in commodity prices," he added.
Road Show
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/RMB/MVB
Publicado: 14/9/2018