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IMF: Peru remains economic-growth leader in LatAm

Director del Departamento del Hemisferio Occidental del FMI, Alejandro Werner. Foto: FMI.

Director del Departamento del Hemisferio Occidental del FMI, Alejandro Werner. Foto: FMI.

10:58 | Lima, Oct. 26.

Peru remains a leader in terms of economic growth in Latin America, with an acceleration that is already being witnessed, the International Monetary Fund (IMF) affirmed Thursday.

"Peru remains a leader in terms of regional growth, with an economy that has adjusted well to the terms-of-trade shock," said IMF Western Hemisphere Director Alejandro Werner.

During the forum Infrastructure Needs in a New Climate Reality, Werner pointed out the Inca country has maintained a distance upwards from the average Latin American growth, even in a context characterized by a lower regional expansion.

"In the first half of 2017, there was a slowdown in growth, associated with [Coastal] El Niño Phenomenon and the impacts of the Odebrecht scandal, but we are seeing that the economy is now accelerating significantly," the officer expressed.

"It [Peru] also continues to present one of the lowest inflation rates in Latin America," he added.

As is known, the International Monetary Fund (IMF) projected Peru's growth at 2.7% for 2017

(END) CNA/MVB


Published: 10/26/2017
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