Peru intends to become a first world country by a joining the Organization for Economic Co-operation and Development (OECD).
The process has “already begun” once a set of proposals was made through the Country Programme, Peru’s Finance Minister Alonso Segura affirmed.
“The programme is based on five main axes. It is rather a mid-term agenda, but it is a fact the Country Programme began last December, and it will last five years. We will have to present the progress made [by Peru to the OECD] and follow the aspirational process to become OCED members,” he told Andina news agency.
According to the head of the Ministry, the agenda includes five topics, such as: Barriers to economic growth & development. Informality and operation of the markets are included in that chapter.
“We are conducting research on the matter. Currently, a multidimensional study is on its first phase, which is a six-month diagnosis. Afterwards, a second phase aimed at adding proposals will begin and then the implementation phase will be developed,” he indicated.
Likewise, public governance topics will be addressed. Among those are: Affairs linked to transparency and anticorruption. Thus, new reforms and modifications to political institutionalism must be proposed.
Some topics, concerning the human capital and environmental affairs will also be discussed.
In 2014, the OECD established Country Programmes as a new instrument for supporting dynamic, emerging economies, such as Peru while designing their reforms and strengthening public policies.
Peru is the first country to join this new instrument.
(END) JCC/JCC/MVB
Published: 4/27/2015