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Peru: Annual fiscal deficit reaches 1.6% of GDP in July 2019

18:01 | Lima, Aug. 16.

The fiscal deficit accumulated over the past 12 months in Peru accounted for 1.6% of GDP in July 2019, thus increasing 0.1% compared to the previous month, Peru's Central Reserve Bank (BCR) has reported.

According to the issuing entity, the non-financial public sector recorded an economic deficit of S/3.728 billion (about US$1.09 billion), up S/1.173 billion (about US$345 million) compared to the same month in 2018.

Between January and July, it accumulated a surplus of S/6.919 billion (around US$2.03 billion), up S/4.535 billion (about US$1.33 billion) compared to the same period last year.  

(END) SDD/JJN/DTK/MVB

Published: 8/16/2019
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