As every three months, the Central Reserve Bank of Peru (BCRP) yesterday updated its projections on economic activity and maintained its growth estimates for Gross Domestic Product (GDP) for this year at 3.4% and 3.2% for 2023. However, the monetary entity warned that the figures given are with a greater degree of uncertainty as a […]
Tag: Julio Velarde
Public investment loses pace, but factors do not coincide
The Chairman of the Board of Directors of the Central Reserve Bank of Peru (BCRP), Julio Velarde, recently pointed out that public investment has been contracting for the last five months as a result of poor public management. “Public investment, which has been growing since October 2020, has been falling in the last five months. […]
MEF and BCRP met to coordinate monetary and fiscal policy
the minister of Economy and Finance, oscar grahamand the president of the Central Reserve Bank of Peru (BCRP), Julio Velardeheld a meeting this Tuesday, February 15, in which, in addition to discussing issues of coordination between the monetary politics and prosecutor, addressed issues related to the local and international macroeconomic contextas well as the external […]
Julio Velarde: the Peruvian economy would grow 13.2% this year
The Peruvian economy would grow 13.2% this year if the production rhythm observed until August is maintained, according to the president of the Central Reserve Bank (BCRP), Julio Velarde. Said calculation by Velarde would be 1.3 percentage points higher than 11.9% estimated by the issuing entity in its latest inflation report. “It’s not just rebound” […]
They publish a resolution that ratifies Julio Velarde as head of the BCRP
The Congress of the republic made official the ratification of Julio Velarde as president of the Central Reserve Bank of Peru (BCRP), through the publication, today in the newspaper El Peruano, of Legislative Resolution 003-2021-2022-CR, which provides for his permanence by majority decision of the Permanent Commission of said power. The day before, Velarde Flores […]
Congress ratifies Julio Velarde as head of the Central Reserve Bank
With 18 votes in favor, 3 against and 6 abstentions, the Permanent Commission of the Congress of the Republic ratified the appointment of Julio Velarde Flores as president of the Central Reserve Bank of Peru (BCRP). Thus, Velarde Flores will remain at the head of the monetary authority for the fourth consecutive period. As it […]
Permanent Commission ratifies Julio Velarde as president of the BCRP
With 18 votes in favor, 3 against and 6 abstentions, the Permanent Commission of the Congress of the Republic, ratified the designation of Julio Velarde Flores as president of the Central Reserve Bank of Peru (BCRP). In this way, the continuity of Velarde in the monetary entity for a period of five years is specified. […]