Amid concerns that Brunei Darussalam’s budget deficit could exceed earlier forecasts, Pehin Dato Abd Rahman Ibrahim, the second minister of finance, delivered a precautionary speech in January, emphasising the importance of public spending cuts.
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Articles & Analysis | Natural assets: Page 25 from The Report: Peru 2016
Peru’s economy is the seventh-largest in the Latin America and Caribbean region, and has been growing much more rapidly than the region’s two largest economies, Brazil and Mexico. Services represent more than half of total GDP, with manufacturing, mining and hydrocarbons, construction, and agriculture and livestock also key sectors. The year 2016 may be one of general economic...
Articles & Analysis | Peru in figures: from The Report: Peru 2016
Articles & Analysis | With time, fiscal policy in Peru will stimulate economy from The Report: Peru 2016
Faced with slower GDP growth in 2014 and 2015, Peru is working to reinvigorate economic expansion through a series of counter-cyclical fiscal measures, aimed at developing infrastructure and education in particular. However, these spending packages have so far met with mixed results and will likely require more time to yield the broader...
Articles & Analysis | Regional agreement key to Peru trade strategy from The Report: Peru 2016
The Pacific Alliance is an integration agreement created in 2011 between Chile, Colombia, Peru and Mexico, with several other countries expected to join the near future. The first formal proposal had been tabled by then-president, Alan García, who convened a meeting with the leaders of the three other countries on April 28, 2011. The meeting...
Interviews & Viewpoints | Carlos Herrera, Executive Director, ProInversión: Interview from The Report: Peru 2016
What can be done to expand the government’s capacity to approve and evaluate new public-private partnership (PPP) schemes?