Andina

Peru's President: Fiscal soundness promoted by Government contributed to BVL growth

Photo: ANDINA/Presidency of the Republic of Peru

Photo: ANDINA/Presidency of the Republic of Peru

16:31 | Lima, Jan. 14.

The President of the Republic Pedro Castillo on Friday affirmed that fiscal soundness boosted by the Executive Branch, the recovery of Peru's economy and fiscal savings, as well as high mineral prices, contributed to Lima Stock Exchange (BVL for its Spanish initials) reaching its highest level since April 2012.

Via Twitter, the Head of State specified that the BVL accumulated a growth of 17.7% last month.

"The fiscal strength promoted by the People's Government, the recovery of the Peruvian economy and fiscal savings, as well as the high prices of minerals, contributed to the Lima Stock Exchange reaching its highest level since April 2012," Mr. Castillo highlighted on social media.

Likewise, the top official explained that the aforementioned growth has allowed an improvement in the stock market performance of most sectors.

"Its profitability stands out if compared to other countries in the region and the world. We will continue working for more to come!" he added.

(END) JCC/MVB

Publicado: 14/1/2022
Loading...