Two consecutive quarters in red confirm the technical recession of the peruvian economy. The GDP in June fell 0.56%, thus the result for the first half of the year was -0.45%, according to the latest report from the National Institute of Statistics and Informatics (INEI). From January to June, the sectors that had negative performance […]
Tag: private investment
Verónica Frisancho: “Growth would recover, but not from previous years”
Within the framework of the presentation of the Economy and Development Report (RED22) of CAF, the Knowledge manager of this institution gives her macroeconomic vision of Peru, in a context in which the national GDP registered a fall of 0.24% in the first quarter and several institutions have been lowering their perspectives. —How does CAF […]
BCRP estimates that private investment will fall 2.5% in 2023
The private investment will fall 2.5% this year with a slight recovery during the second semester in a scenario of gradual recovery of business confidence, according to the Central Reserve Bank of Peru (BCRP). “We are now estimating that the mining investment is going to fall 18.9% and that non-mining is going to fall 0.5%, […]
Mall Aventura, a new shopping center in Iquitos: when will it open and what stores will there be?
Mall Aventura prepares the opening of its shopping center in the city of iquitos (loreto). They also plan to open a similar shopping complex this year in the most populated district of Peru: San Juan de Lurigancho (Lima). According to the company, the construction of these projects for the retail sector demanded a investment cumulative […]
Minister Alex Contreras to investors in New York: “Whoever bets on Peru always wins in the long term”
He Minister of Economy and FinanceAlex Contreras, together with the president of the Central Reserve Bank of Peru (BCRP), Julio Velarde, lead a public-private delegation in the city of NY (USA) with the objective of holding meetings with investors and authorities to expose them the macroeconomic strengths of Peru and various investment opportunities that the […]
MEF: Minister will meet with investors in New York to promote private investment
The head of the Ministry of Economy and Finance (MEF), Alex Contreras Miranda, begins this Monday, May 22, in New York (United States), a roadshow with international investors to whom he will expose the strengths, the economic prospects and the various investment opportunities that the country offers. “Peru has the strongest economy in the region. […]
Private investment confirms fall for the third consecutive quarter
The Central Reserve Bank of Peru (BCRP) detailed that during the first quarter of 2023 private investment fell 12%, thus accumulating three consecutive negative quarters (-0.5%, -4.1% and -0.4%, respectively). The result is explained by the contraction in real terms of mining investment (-23.2%) and that of other sectors (-11%), according to its recent Study […]
MEF: “Private investment collapsed in the first quarter as a result of social conflict”
The head of the Ministry of Economy and Finance (MEF), Alex Contreras, affirmed that private investment collapsed in the first quarter of 2023 due to social conflict and the impact of rains and mudslides, during the presentation of the Projection Update Report macroeconomic 2023-2026. In this way it is observed that the investment falls by […]
Government improves PPP budget framework with US$7.5 billion impact on investment projects
Legislative decree will help the growth of private investment at the end of the year and for the period 2024-2026. Dollar price today in Peru: what is the exchange rate for this Wednesday, April 19? How to find out which AFP you are affiliated with and how much money you have saved in your pension […]
BCRP: Private investment would fall 0.5% for the second consecutive year
For the second consecutive year, the private investment in Peru it would have a fall of 0.5% at the end of 2023, a figure similar to that registered during 2022. This was announced by the Central Reserve Bank of Peru (BCRP), which revised its projection downward on the performance of this indicator. In its previous […]