Andina

Peruvian economy showing signs of reactivation

Centro Empresarial, Economía, Centro Financiero. Foto: ANDINA/Melina Mejía

Centro Empresarial, Economía, Centro Financiero. Foto: ANDINA/Melina Mejía

00:00 | Lima, Aug. 16.

The Peruvian economic landscape is already showing "signs of unblocking," the National Confederation of Private Business Associations (Confiep) affirmed.

Confiep President Roque Benavides underlined Peru has started to overcome the rough patch triggered by the Lava Jato corruption scandal, which led to the halting of major infrastructure projects. 

"Corruption events did not allow for a rapid unblocking of economic activity, as President Kuczynski had anticipated. Thank God we do see signs of unblocking now," he said. 

The executive pointed to the need to further promote investments in order to generate more development opportunities for all Peruvians. 

In this respect, Benavides stressed the country must seek decentralized growth that benefits citizens in every region

"When we notice growth benefits are not reaching rural areas, we must ask ourselves: 'What are we doing wrong?'," he observed. 

Once again, the Confiep head underscored the role of investment projects in rural development and the fight against poverty. 

Lastly, Benavides highlighted the role of the private sector in fostering more capital flows to this end. 

"We need all Peruvian economic sectors and business sphere, which has a responsibility, to get involved," he concluded

(END) DHT/MVB

Published: 8/16/2017