might enable Peru to reach the 3% economic growth rate projected for 2019, Moody's Investors Service Vice-President Jaime Reusche said on Monday.
In this sense, Reusche pointed out that reaching a 3% GDP rise this year "might help start 2020 with good momentum" ahead of the future political scene.
GDP growth in July
Likewise, the officer explained the result of the first half was due to the political noise
—which affected non-mining private investment— and a not-so-good performance of the primary sectors, as there was an adverse base effect during the above-mentioned period.
"If consumption remains resilient, this might help investment forecasts to improve," Reusche added.