Economic measures implemented by the Peruvian government have contributed to satisfactorily facing the impact of international economic deceleration without preventing growth from stopping, Peru’ President Ollanta Humala affirmed on Friday.
Thanks to these policies "Peru leads growth in the region and forecasts for upcoming years suggest we will continue leading this growth," he pointed out.
"We consider government policies have helped us to satisfactorily face effects of shocks; thus the rating on the country remains with a stable outlook, despite an environment filled with crisis or deceleration; and this allows us to build confidence," the President stressed.
The Head of State added Peru "has built necessary macroeconomic cushions to face such situations, and thus moderate the amplitude of the economic cycle."
This has allowed to implement a fiscal stimulus plan in 2015, which will be gradually reduced over upcoming years, he added.
Remarks were made in the framework of the Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) currently underway in Lima.
(END) AVV/MVB