Minister Alex Contreras stressed that investor confidence in our market still persists. Economy would still grow up to 3.9% this year.
Despite the social conflict seen in recent weeks, private investment in our country would not be diminished, according to the head of the Ministry of Economy and Finance (MEF), Alex Contreras.
“I have not said that companies are going to leave the PeruOn the contrary, despite what is happening, there is still a lot of confidence in the fundamentals of the Peruvian economy,” he said at a press conference.
Likewise, the official emphasized that “there are companies that still want to enter” the Peruvian market, but that they will wait “how to resolve” the sociopolitical tension.
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Contreras Miranda added that the Peruvian economy maintains a potential growth range of between 3.1% and 3.9% for this year; he even assured that his management will do everything to bring it to 4%.
However, for the first quarter, the variation in GDP would be 2% if the conflict continues, and if it were reduced it would be up to “3% or more.”
“The goal is to close with a growth of 4%. We are aiming for the first quarter due to the uncertainty that exists. We do not know the final data for December, and as soon as we have it, we will update the projections,” he said, but not before highlighting that the The first three months of 2023 reflect a recovery in economic activity.
Source: Larepublica
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