However, Minister José Arista once again questioned the BCRP for not reducing the reference interest rate, which keeps the financial market “a little cold.”
Following the rebound of just over 5% in the Peruvian economy in April and May, the head of the MEF, José Arista, said that in June it continued on that path and “is doing well” thanks to indicators such as electricity consumption, sales tax payments and volume of sales in electronic media.
“We expect growth of between 4.5% and 5%, not just 5%,” he told the media.
On the other hand, Arista questioned the Central Reserve Bank of Peru (BCRP) for maintaining the reference interest rate at 5.75% in July.
“Inflation is under control, but the only problem is that the Central Bank has decided to keep its interest rate high. We hope that this variable will soon follow the trend that we would like in order to reactivate the financial market, which has been a bit cold lately.”he commented.
Earlier in the day, Arista told TV Perú that this year the Peruvian economy will exceed the 3.1% projected for 2024. “We agree with the Central Reserve Bank, but, particularly internally, we are confident that this growth will be a few points higher,” he pointed out.
Source: Larepublica
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