Andina

Peru's PM: Country risk remains among the lowest in region

Photo: Presidency of the Council of Ministers of Peru

12:55 | Lima, Oct. 21.

Prime Minister Gustavo Adrianzen on Monday highlighted that Peru's country risk is one of the lowest in the region.

Through his account on the X platform, the Cabinet chief shared an illustration showing the country risk in South America according to the EMBI 2024 stock indicator, based on data collected between October 9 and 16.

The image shows that Peru (155 basis points) ranks third among countries with the lowest indicator in the region, behind Uruguay (92 points) and Chile (115 points).

"This year's economic growth, improved public management, and our openness to international trade enable us to maintain one of the lowest country risk levels in Latin America (155 basis points)," Adrianzen indicated via X.


In a previous publication, the Cabinet Chief indicated that 2024 is a good year, but that 2025 "will be better," highlighting a news article in which the Central Reserve Bank (BCR) estimates that Peru will surpass the US$50 billion investment barrier next year.

On October 14, Adrianzen underscored the growth of formal jobs in the private sector recorded last August, which exceeded the figures for the previous month by 2.5%.

(END) MCA/FGM/MVB

Published: 10/21/2024