Better times lie ahead for Peruvian economy and will be reflected in greater job creation, as well as poverty and extreme-poverty reduction, Finance Minister Alonso Segura affirmed.
"It is important to send out a message of calm: Peruvian economy perfoms the best at regional level; better times are ahead," Segura indicated.
The government official reminded GDP in 2015 (3.26%) expanded above that of 2014. Likewise, he projected growth this year will be greater than that of 2015.
"This performance will be reflected in higher employment and lower poverty rates," he told Radio Capital.
The International Monetary Fund (IMF) raised its 2016 growth forecast for Peru from 3.3% to 3.7%. Moreover, the entity also revised its GDP growth estimate for 2017 from 3.6% to 4.1%.
Moody's
Peru's economic growth will pick up to 4%-4.5% in 2016 and 2017 respectively, Moody's Investors Service projected on Monday.
The result will be driven by a recovery in private and public investment, particularly in infrastructure.
(END) RGP/JJN/MVB