, thus posting one of the highest growth rates in the region just behind Bolivia (4.2%), Peruvian Institute of Economy (IPE) has projected.
According to IPE General Manager Diego Macera, the Inca country's GDP would be underpinned by
private investment, which would register a 6.9% rise.
2020 projection
Domestic demand and
foreign sales may also rise next year by 4.3% and 5%, respectively.
Productivity
On the other hand, he indicated one of the challenges is to
improve productivity in Peru, adding most citizens work in low-productivity companies such as micro-enterprises.
Moreover, Macera noted poverty rates went down in the last decade mainly due to economic growth.
(END) MMG/JJN/DTK/MVB