During a press conference, the government official pointed out that coronavirus is a new source of uncertainty in the world. Thus, G7 countries and others are already implementing the corresponding fiscal and monetary policies.
"Thanks to the strength of our economy and the measures we are taking, in terms of fiscal impulse, we believe that the impact will be limited on Peruvian economy. Anyway, we are evaluating various risk scenarios that will materialize on March 31, once we publish the macroeconomic projections report," she expressed.
GDP will continue to grow
Likewise, the Ministry head commented that the fiscal impulse will be one of the pillars to sustain Peru's economic growth this year.
"We want to highlight the efforts we are making to execute public investment (…)," she said.
"With respect to last year, we have additionally injected more than S/1 billion (above US$289.85 million) into the economy. This is an effort made by the three levels of government," she concluded.
Remarks were made following a Council of Ministers session in Lima.