Peru's quarantine measures are also considered among the most stringent in the region,
Benchmark stimulus package
The South American country started the pandemic with a reputation for being one of Latin America's most resilient economies, having avoided recession since 1998.
"The (Peruvian) government's economic response has been more in line with that of European countries than of its Latin American counterparts. Indeed, at 12% of GDP, Peru's stimulus package is the most substantial in the Americas," the group highlighted.
As is known, the response has been designed to facilitate a rapid economic recovery in the third and fourth quarters of the year.
Resilient Agriculture
Peru's diverse geography and climate means that it is able to produce a wide range of products, and supply global markets for much of the year: the COVID-19 outbreak coincided with harvest time for
mango, grape, and cranberry crops, while Hass avocado, pomegranate and mandarin crops were about to be harvested.
While acknowledging that there had been a small drop in agricultural exports during the month of March, he said that Peru was ready to supply global demand when it begins to rise.