How will the sector perform in 2019?
Peru
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Interviews & Viewpoints | Julio Velarde Flores, President, Banco Central de Reserva del Perú: Interview from The Report: Peru 2019
Interviews & Viewpoints | Carlos Oliva, Minister of Economy and Finance: Interview from The Report: Peru 2019
What sectors of the economy is the government prioritising for foreign direct investment (FDI)?
Articles & Analysis | Regional integration and new agreements bolster international trade globally from The Report: Peru 2019
Global trade will continue to face headwinds that are dampening the outlook for growth in the coming years. According to the World Trade Organisation (WTO), trade volume grew by 3% in 2018 and is expected to decline slightly to 2.6% in 2019 before rebounding back to 3% in 2020. This may be the first time since the 2007-08 global financial...
Articles & Analysis | Peru embarks of taxation and formalisation efforts to meet deficit targets from The Report: Peru 2019
Peru has made progress in reducing its fiscal deficit, bringing it down from 3.1% of GDP in 2017 to 2.5% in 2018, before reducing it further to 2.1% in February 2019, according to the Central Reserve Bank of Peru. Furthermore, Scotiabank Perú, the local subsidiary of the Canada-based financial institution, has forecast the deficit will be...
Interviews & Viewpoints | President Martín Vizcarra Cornejo: Viewpoint from The Report: Peru 2019
When we took power in 2018 the country’s economic situation was far from ideal. In addition to sluggish growth rates, the country was going through a period of high political polarisation that generated an atmosphere of uncertainty, which was reflected in declines of both growth and investment.
Articles & Analysis | Political stability and democracy hints at peaceful future for Peru from The Report: Peru 2019
Peru’s political climate has been affected by deep structural problems due to the country’s peculiar democratic framework, with the hybrid presidential-parliamentary system prone to deadlock. There are promising signs of change, however, as the administration of President Martín Vizcarra Cornejo looks set to bring about an era of stability...