's government in office have allowed injecting around S/4.5 billion (about US$1.177 billion) into Peru's economy.
The Cabinet member said that since the beginning of the current administration, the guideline issued by the
Head of State and
Prime Minister Alberto Otarola has been clear —a rapid implementation plan was needed to help Peruvian economy recover from the deterioration it was experiencing.
"This deterioration was first associated with the systematic moderation of world growth, which was exacerbated by social conflict that had an impact of around S/1 billion (about US$261 million)," he explained.
"(It is) A plan equivalent to S/5.9 billion (about US$1.544 billion) which is expected to generate 130,000 jobs; we are talking about 1.2 (percentage) points in terms of GDP," he specified.
The economist explained that said plan has three central axes: the reactivation of the family economy, the reactivation of sectors affected by social conflict, and the reactivation of affected regions.
(END) MDV/MVB