2022 left 9.1 million Peruvians in poverty, and as anticipated The Republicfor this year it would again reach a third of the population, considering that the GDP will close close to 1%.
The Minister of Economy and Finance, Alex ContrerasAfter acknowledging that the GDP will rise just 1.1% this 2023, he pointed out that this will translate into “low job growth and fewer opportunities for citizens to get out of poverty.”
“We are waiting for the final result of the INEI, but we will clearly see an increase in poverty in the first quartera stabilization in the second and again in the third and fourth should be reduced,” he said in the presentation of the Multiannual Macroeconomic Framework 2024-2027.
The actions that the Executive will take to mitigate the advance of poverty are made up of a package of S/3,000 million through Con Punche Peru to strengthen social programs and create Juntos Urbano, as well as expand Vale Fise and universalize drinking water and support small agricultural producers, fishermen and artisans.
Finally, Minister Contreras assured that inflation —the main evil in Peruvian pockets— will continue to moderate and this year would end close to 4%, and by 2024 it would be close to the target range (between 1% and 3%).
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
