National Confederation of Private Business Institutions (Confiep) Chairman Roque Benavides on Tuesday affirmed Peru's 4% GDP growth in 2018 will be one of the highest in Latin America.
According to Benavides, this rate will be higher compared to that of global growth. Yet, it is not enough to reduce poverty, which is why Peruvian economy needs to expand beyond 6%.
"The economy is growing at a
4% rate, but it is really low for the potential we have. That is why we should not settle for it," the officer told RPP radio and TV news station.
"To
fight poverty and have a better future, it (the economy) needs to expand 6% or 7%," he underlined.
Furthermore, Benavides explained the Andean nation must promote
investment in all sectors to see greater growth rates.
"Peru needs to place value on everything it has, which would be significant because we have so much to offer," he pointed out.
Address to the nation
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