, Credicorp Capital Asset Management Portfolio Solutions Chief Klaus Kaempfe projected on Wednesday.
"If we maintain, during each month of 2021, a productive activity similar to that of
December 2019, the Peruvian economy will achieve a
growth rate higher than 10% next year," he said at the online conference titled "2021: What will happen to the markets?"
Kaempfe indicated that achieving such a performance would imply (reversing) nearly 100% of the decline projected for 2020.
Fast recovery
The Credicorp officer also said that Peru had one of the strictest quarantines in the world to face the coronavirus pandemic.
"When we analyze the performance of the second quarter of 2021, versus that of the second quarter of 2020, we expect to see more than double-digit growth rates. It would be an important progress, so we hope that by the end of 2021 almost all of this year's decline will be reversed," he concluded.