The presence of a good fiscal management in Peru allows the country to glimpse a situation of prosperity, still relatively shy. Yet, it reflects the dynamism of domestic economy, Central Reserve Bank (BCR) Governor Julio Velarde noted.
Within this framework, Velarde underscored the importance of relying on smart
fiscal management, whose previous absence meant 31 years of stagnation in the Inca country.
Public investment and imports
On the other hand, the BCR governor affirmed
public investment "is expanding above a 20% rate in October."
Velarde also noted capital imports are showing recovery signs in recent months, following several periods of decline.
The official added the construction industry is experiencing a "V-shaped" recovery from the previous slowdown.
"The
construction industry grew 4.8% in August and almost 9% in September, reflecting a V-shaped recovery," he stated in this sense.
Flights
Concerning the air transportation industry, the officer said he had observed plenty of dynamism
in local flights, in general.
Remarks were made from rainforest city of Tarapoto, where the San Martin Region Economic Meeting took place last Friday and Saturday.
"One observes there is a dynamism; this fact was unthinkable 15 years ago," Velarde emphasized while closing the event.
(END) DOP/CNA/FGM/MVB