Peru has resolved its monetary policy and fiscal discipline, which bring about
macroeconomic stability and help provide a good basis to move forward with structural reforms, the Head of Latin America and the Caribbean at the OECD Development Centre Sebastian Nieto said on Wednesday.
In an interview with
El Peruano official gazette, he highlighted the Peruvian economy's progress and strengths, as well as its challenges.
When asked about Peru's strengths to address the ups and downs of the world economy and how the country distinguishes itself from the rest of the region, Nieto noted that a key issue is to maintain an independent and strong
Central Reserve Bank.
"However, something we mentioned in the
Multi-dimensional Review of Peru is everything regarding the agro-export sector, which is a lesson to Latin America," he stated.
According to the economist, there are interesting lessons on how to generate productive linkage procedures in sectors that have been beneficial for the country, and the important thing is that all this should be well used by the entire economy and by every region.
(END) DOP/MDV/RMB/MVB
Published: 11/6/2019