Private investment in Peru is doing well and performs as expected, the Central Reserve Bank has reported.
In this sense, BCR's Economic Studies Central Manager Adrian Armas confirmed his estimate that Peruvian economy's performance will improve in August compared to July.
Business expectations
On the other hand, he stressed that
business expectations have deteriorated due to external and internal factors. However, they are waiting for a recovery in order not to affect future investment decisions.
In this sense, Armas stated BCR currently monitors the performance of public investment for future projections.
"The Central Bank expects a recovery in
public investment, but for this to happen, a series of factors, such as the performance of subnational governments, must be put in place," he added.
(END) RGP/RGP/DTK/RMB
Published: 9/14/2019