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President Vizcarra: Peru's economy to experience "tremendous rebound" in 2021

Photo: ANDINA

16:51 | Lima, Sep. 1.

The President of the Republic Martin Vizcarra on Tuesday stressed that the Peruvian economy will register a "tremendous rebound" in 2021 with a growth rate close to 10%, after the suffering impact of the COVID-19 pandemic in 2020.

"Next year, as supported by the (Economy) Minister, we will see an economic growth of about 10%; just as we fell this year, there will be a tremendous rebound in the economy the next one," he stressed.

Likewise, the Head of State mentioned that once the next government takes office in July 2021, the South American country will be on the path of progress and development thanks to the measures adopted by his administration.

As is known, the general elections will be held on April 11, 2021.

"We are going to leave a country headed for progress and development due to the measures we have taken; (by the Independence Bicentennial), we are going to responsibly leave a country on the right path towards the future," he noted.

According to Economy and Finance Minister Maria Antonieta Alva, Peru will experience a rapid recovery next year supported by a close to 10% expansion —one of the highest in the region, after falling back an estimated 12% in 2020.

Today's remarks were made during a press conference held at the Government Palace in Lima.

The President was joined by Prime Minister Walter Martos and other Cabinet members on the occasion.

The Executive Branch extended the state of emergency from September 1 thru 30. It is characterized by nationwide curfew at nighttime and on Sundays, as well as localized quarantine in 4 regions and 46 provinces in other 14 regions.

El presidente @MartinVizcarraC brinda conferencia de prensa para informar sobre las acciones que realiza el Gobierno frente al COVID-19. En vivo: https://t.co/dxrdu3owOG https://t.co/JljFplFy2N
— Presidencia Perú (@presidenciaperu) September 1, 2020

(END) MVB

Published: 9/1/2020

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President Vizcarra: Peru's economy to experience "tremendous rebound" in 2021

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