Minister Alex Contreras points out that this potential variation in the economy “is moderate”
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After 2023, where the Peruvian GDP is expected to close at its lowest level in just over 20 years—not counting the pandemic—the Ministry of Economy and Finance (MEF) It is expected that between 2024 and 2025, the rate will be 3.1% annually.
“It is moderate if we compare it with our peers in the region. The great aspiration as a country must be to recover 4%, 5% or 6%. If we grow at 3%, we would reach the per capita income level of Mexico in 16 years“, said the head of the MEF, Alex Contreras, before the Plenary Session of Congress when supporting the 2024 Public Budget bill.
Contreras insisted that the assumptions given in the Multiannual Macroeconomic Framework, regarding the future of the country, remain valid. It should be added that in this document the MEF estimates that GDP will end the current year at 1.1%.
The official recalled that the internal shocks suffered by the country, such as weather phenomena and social conflicts, have cost the country S/12,000 million.
However, he pointed out that There is “progress” thanks to the reduction of inflation and the stability of the country’s risk. “We have been the economy with the lowest risk in the country only after Chile,” he highlighted.
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.
