Andina

Peru President: Exports, lower inequalities, political stability to consolidate growth

18:15 | Lima, Feb. 20.

Peruvian President Martin Vizcarra on Thursday noted that increase in exportable supply, reduced inequalities, and political stability will boost the country's growth.

"2019 has been an especially relevant year for our non-traditional exports, which set a historical record for the third consecutive year, totaling US$13.791 billion, which represented a growth of 4.1%," he stated.

In this context, he said that exports in the last five years went from US$33.686 billion in 2015 to US$45.978 billion at present.

The President highlighted that Peruvian sales have set a historical record, reaching new markets and increasing the exportable supply. 

"A total of 732 products have become the new leaders in the market, such as fresh grapes, blueberries, fresh avocados, frozen giant squid, and fresh mangoes. Besides, seven regions experienced high export growth rates: Piura, Ica, La Libertad, Lambayeque, Ancash, Ayacucho, and Pasco," he underlined.

Country risk down

The Head of State emphasized that Peru was one of the countries with the highest growth rates in Latin America last year.

"Peru's country risk level was reduced by 60 basis points at the end of 2019. In this respect, we are in a better position than countries like Chile, Colombia, Mexico, Brazil, and Argentina. Our economy's leadership and strength are renowned at international level," he emphasized.

(END) NDP/FHG/RMB

Publicado: 20/2/2020