Economy and Finance Minister Pedro Francke has affirmed that Peru's macroeconomic stability is perfectly ensured, noting that an adequate monetary policy will be maintained and that the country's fiscal deficit for this year will be lower than forecast.
"Our principal focus is the creation of employment, as well as better economic opportunities and living conditions for all Peruvians. At this juncture, this mainly means that we have to provide a boost to private and public investment," he said.
According to the high-ranking official, this implies the handling and management of two fundamental tools of macroeconomic policy to safeguard the macroeconomic stability, the monetary policy, and
the fiscal policy.
Monetary policy
"In the case of the monetary policy, this is administered by the Central Reserve Bank —an autonomous institution with which MEF must have a good coordination. In this framework, we held a meeting with BCR Governor Julio Velarde two days ago," he explained.
"We have established the mechanisms to have a close coordination between both institutions," the head of MEF pointed out.
The event featured Prime Minister Bellido, as well as Ministers Pedro Francke (Economy-Finance) and Hernando Cevallos (Health).
(END) MDV/RMB/MVB
Publicado: 4/8/2021