Andina

President: Our policy is to make Peru a country open to global market

Photo: ANDINA/Presidency of the Republic of Peru

09:30 | Lima, Nov. 21.

The President of the Republic Dina Boluarte underscored that her government's policy is to make Peru a country open to the global market and responsible private investment.

Mrs. Boluarte participated in the Allies for the Development of Peruvian Industry Recognition Ceremony, organized by the National Society of Industries (SNI) in Lima on Wednesday evening.

"It is proven that private companies are the engine of the economy and the best path to foster employment, advance comprehensive development, and defeat poverty," she stated.

The President highlighted that, during the APEC Leaders' Week held in Lima from November 9 to 16, Peruvians proved to the world their commitment to national and foreign private investment, industrial development, strengthening a free-market and competitive economy, respect for private property, and the right of all to peace, unity, and stability in the country.


In this regard, the top official reaffirmed her government's commitment to continue advancing in the conquest and opening of new emerging markets.

Likewise, the President mentioned the investments made this year in the axis formed by the Port of Callao, the Chancay Megaport, the new Jorge Chavez International Airport, and the progress made on Lima Metro Lines 2 and 3, among others."

The Head of State mentioned that record figures were reached in exports this year, exceeding US$73 billion. She added that exports are expected to reach US$80 billion in 2025.

In this regard, she underlined that Peru is expected to move from being the fifth-largest exporter in Latin America and the Caribbean to fourth place.

The top official also noted that Peru is a democratic country where the separation of powers is respected. 

In the Political Constitution's economic chapter, the rules are clear, with the Central Reserve Bank (BCR) being autonomous, she added.

"We have a free-market economy, and private property is respected (...), with projected growth of over 3.1% this year, alongside low inflation and a strong currency," Mrs. Boluarte remarked.

(END) RMCH/JCR/MVB

Publicado: 21/11/2024