According to former Minister of Economy Waldo Mendoza, we are experiencing a “power vacuum” and, given Boluarte’s absenteeism, it is up to the business community to guide the country.
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Within the panel ‘Proposals for the development of Peru’ in the CADE 2023the PUCP professor and former Minister of Economy and Finance Waldo Mendoza He assured that the business sector must guide the country to return to the path of growth, considering that President Dina Boluarte does not give any signs, to the point that a “power vacuum” is seen in a context of a recession not seen since the Fujishock of the 90s.
“We have a president who we don’t know what she thinks or what she thinks, what her approaches are or where she wants to take the country. It is a time for the business community that participated in the enormous public-private alliances to give their voice”, he commented.
Mendoza warned that we are suffering from the long-term cooling of the Peruvian economy, since a decade ago it grew at rates of between 6% and 7% and, currently, we have a rate of 1%.
Here, he considered that it is urgent to find other engines of growth, such as mining and agro-exports, which could potentially be the forestry industry and tourism, and that these policies point to the global market because “the internal market has limits.”
While, Roxana Barrantes, an IEP researcher, argued that “there are never power vacuums” and demanded that the business community get involved in preserving legal and contract security, since they are the tools to have investments contributing to environmental care and social responsibility schemes; in correlation with the creation of a climate of trust.
Barrantes stated that the average GDP growth set between 1% to 2% is low “for the gaps and needs we have.”
Graduated from the Jaime Bausate y Meza University. In constant learning. Previously in Mundo, but now I write about economics in the newspaper La República.
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.
