The executive president of the senamhiGuillermo Baigorria, recently warned that from October to the beginning of 2024 the presence of the phenomenon of El Niño costero (FNC) is expected throughout the Pacific coast.
In this context, the Institute of Economics and Business Development (Iedep) of the Lima Chamber of Commerce (CCL) warned that a possible FNC would affect around 16.7% of the total GDP, which would reduce the growth of our economy by 0.4% in 2023.
“In this situation, the most exposed regions are Tumbes, Piura, Lambayeque, La Libertad and Áncashwhich also contribute 20% of formal employment and also have a level of poverty that reaches 1.5 million people”, commented the head of the Iedep of the CCL, Óscar Chávez.
What activities would be affected?
The CCL indicated that, based on the experience of previous years, agricultural activities, manufacturing, commerce, and transportation would be affected.
Together, the five aforementioned regions contribute 25.5% of the national agricultural product, 14% of manufacturing, 16.4% of trade and 15.7% of transportation.
“If agricultural activity were affected, production could be lost up to S/37.8 million per day, especially due to losses in La Libertad (S/15.8 million) and Piura (S/10.8 million)” , he detailed.
He also added that in the case of trade, daily losses of S/39.6 million can be recorded. In this sense, the most affected departments are Piura (S/12.2 million), La Libertad (S/10.3 million), Lambayeque (S/9.9 million) and, to a lesser extent, Ancash (S/5 million) and Tumbes (S/2.2 million).
Source: Larepublica
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