19:08 | New York (U.S.), May. 30.
Economy and Finance Minister Alfredo Thorne affirmed Peru will expand 3% in 2017 and 4.5% in 2018, during his participation at inPeru's 12th Toronto-New York Road Show.
Remarks were made from New York City during the second day of the event —designed to convene
foreign investors interested in Peru.
"The country is set to
grow 3% this year and 4.5% in 2018. These are our projections, and the IMF has raised its forecast too," the government official expressed.
To that end, he said the Economy and Finance Ministry's goal is to work on structural reforms to ensure ongoing economic
soundness.
Thorne referred to the capital market saying Peru has made changes on the matter, and expressed his willingness to develop such market.
The Peruvian minister addressed investors and said their participation in the Andean nation will be transparent and be given the same conditions [as nationals].
On the other hand, he affirmed the Peruvian government is focused on reducing informality, based on four axes.
Those axes are: (1) Tax Payment for Economic Growth, (2) Social Protection Committee, (3) Labor Reform and (4) Health Insurance Reform.
Toronto
The national 40-strong business delegation touring said North American cities is led by Economy and Finance Minister Alfredo Thorne, Central Reserve Bank (BCR) Chairman Julio Velarde and inPeru President Francis Stenning.
inPeru
inPeru is a Peruvian nonprofit association supported by the Peruvian government and founded by the main business organizations of the national market.
The association seeks to promote investment opportunities in the country and contribute to the development of Peruvian capital and financial markets.
Government bodies endorsing inPeru include the Ministries of Economy and Finance, Foreign Affairs, as well as Foreign Trade and Tourism.
Central Reserve Bank (BCR), Superintendence of Banking, Insurance and Private Pension Funds Administrators, Superintendence of Securities Market and the Private Investment Promotion Agency (ProInversion) also support the association.
(END) JHM/RMB/MVB
Published: 5/30/2017