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Peru's PM: We are committed to promoting investments and reactivation

Photo: Presidency of the Council of Ministers of Peru

Photo: Presidency of the Council of Ministers of Peru

12:52 | Lima, Feb. 7.

Prime Minister Alberto Otarola on Wednesday underscored that the Government is firmly committed to promoting investments and reactivating economic growth, so that the private sector continues generating revenue in Peru.

This was stated during a day of dialogue with representatives of business guilds and associations held at Presidency of the Council of Ministers (PCM) headquarters in Lima.

Also participating in the meeting were Ministers Alex Contreras (Economy-Finance), Juan Carlos Mathews (Foreign Trade-Tourism), and Raul Perez Reyes (Transportation-Communications).

"Last year, we announced more than 20 measures to relaunch the economy. We want the private sector to continue investing in Peru; that is why we are firmly committed to promoting investments and reactivating economic growth," Otarola said during this event.

Likewise, the Cabinet chief highlighted Peru's important investment portfolio.

"All ministries have been entrusted by the Executive Branch to unblock (public) works, close gaps, and promote investment by supporting entrepreneurs so that they generate employment," he noted.

The Cabinet chief underscored the supreme resolution, published today, through which the formation of the multi-sector commission that will remove bureaucratic barriers is made official.

"The idea is to identify and remove them, without affecting public services or generating inconsistencies. It was one of the first requests from the private sector," he mentioned.

At the end of this meeting, Otarola indicated that an effective mechanism will be implemented to follow up on the agreements reached with the business guilds today.

"The agreements that we have reached at this democratic working roundtable mean that we are going to implement an effective mechanism for following up on the conversations and agreements that we have reached," he explained.

In this sense, Otarola underlined the importance of reducing bureaucratic barriers to make private investment more efficient.

''It is very important to reduce bureaucratic barriers, make private investment efficient and, above all, implement improvements in regulatory quality so that investments can have the guarantee that the Constitution establishes,'' he noted.

(END) MRCA/CVC/MVB

Publicado: 7/2/2024