In the second OBG Business Barometer: Peru CEO Survey, we found that C-suite executives in the country are overwhelmingly optimistic about the business outlook: 84% report positive or very positive expectations of local business conditions in the coming 12 months. This persists despite ongoing challenges, such as the reconstruction efforts...
Latin America has always been a region of opportunities and frustrations. Opportunities exist due to its vast landmass, generous natural resources, limited involvement in the First and Second World Wars, and isolation from racial and religious conflicts that other regions of the world have been exposed to for decades. Despite these advantages...
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After a political transition that threatened business confidence and investment projects, Peru’s economic outlook has improved considerably. As one of South America’s top performers due to its structural reforms and fiscal discipline, Peru is seeing an economic rebound due to rising commodity prices and its export-oriented mining sector. The Ministry of Economy and Finance (Ministerio de...
With an average growth rate of 5.9% over the past decade, Peru’s economy has consistently outperformed most regional neighbours. Politically, the country has recently emerged from a period of instability and security concerns to rank among the top investment destinations in the developing world. That said, corruption continues to be a concern, particularly in the wake of several recent...
With a new administration in place, local and international players in Peru have regained optimism. As one of South America’s top performers due to its reforms and fiscal discipline, the country is benefiting from rising commodity prices and an export-oriented mining sector. In addition, 2018 brought increased public expenditure, with notable rises in the budgets for education, health, infrastructure and reconstruction.
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