Andina

Peru's President: Various economic sectors reach similar pre-COVID-19 levels

15:23 | Lima, Sep. 9.

Peruvian President Martin Vizcarra on Wednesday affirmed that several economic sectors have reached levels similar to those seen prior to the outbreak of the novel coronavirus, which has severely affected the global economy.

"Just as the curve of deaths and infections went up and is now significantly declining, the economy saw a very sharp decline in April and May, but we have noticed that it has started to rise and improve," the statesman pointed out.

Precisely, Economy and Finance Minister Maria Antonieta Alva has recently said that Peru is among Latin America's fastest-recovering economies as it faces the brunt of the coronavirus pandemic.

She noted that this recovery has been visible since the second half of this year in primary sectors such as fishing and mining, which are reaching pre-COVID-19 levels, while non-primary sectors are showing a slightly slower recovery.

The Head of State affirmed that the Government would abstain from adopting measures that may result in relaxed attitudes and trigger a new wave of infections.

"The continuation of this trend depends on all of us, on our unity and efforts, to control the virus and improve public health, because if we improve the health (sector) of all Peruvians, we will improve the economy, too," he explained.

Mr. Vizcarra noted that this is an inverse relationship because —as the curve of infections and deaths decreases— the curve of job creation, investment and economic development improves and rises.

"That is what we all want," he expressed.



(END) VLA/RMB/MVB

Published: 9/9/2020
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