Andina

BCR: Peru General Government's investment up 37.9% in November 2018

14:56 | Lima, Dec. 17.

Peruvian government's gross capital formation increased 37.9% in November 2018 compared to the same month last year, Central Reserve Bank (BCR) has informed.

This outcome was underpinned by greater dynamism of investment in the three government levels.

According to the financial entity, it expanded to a larger extent in national and local governments. 

"With this result, the variable records a 17% rise between January and November 2018," it expressed. 

On the other hand, the national government's gross capital formation increased at a 47.4% annual rate in November, the highest figure registered since June 2015. 

(END) MDV/DTK/MVB


Published: 12/17/2018