Economy and Finance Minister Pedro Francke on Thursday affirmed that Peru's gross domestic product (GDP) growth forecasts for this year (10.5%) are realistic, adding that the country will lead the economic growth in the Latin American region.
"Actually, these are not optimistic projections; they are realistic and maybe slightly conservative. The economic activity is looking good," the government official noted.
Francke admitted that the pandemic put us into a situation that we have never been to before.
"We have to admit that we are in a situation in which making macroeconomic projections becomes particularly complex. However, this evidences that private investment has seen considerable growth —with large mining investment projects that are underway for this year and next— and there has been a lot of dynamism in the housing market, which has grown substantially," the minister indicated.
"There are large infrastructure projects under the public-private partnership (PPP) umbrella, such as the Jorge Chavez International Airport, the Lima Metro Line 2, the Chancay Terminal, the Autopista del Sol (Highway of the Sun), as well as various other works that are proceeding at good pace, and that means a good economic possibility," he remarked.
In addition, he announced the continuation of MEF's initiative on executive boards and face-to-face dialogues with the private sector in order to foster new segments such as aquaculture, forestry, and gastronomy.
(END) CNA/JJN/RMB/MVB
Published: 9/2/2021