International finance community sees Peru’s credibility and confidence reflected in its credit rating and record volume of investment totaling US$ 56 billion, said the President of the Peru’s Council of Ministries Rene Cornejo.
Speaking to reporters on Monday at the Government Palace in the nation’s capital Lima, Cornejo stressed the afore-mentioned investment record has not been seen in years and it is similar to figures which have been achieved by Southeast Asia nations
“The said figure represents around 27 percent of the Andean nation’s Gross Domestic Product (GDP), which surpasses considerably the rate of investement share of South Korea's GDP,” the Peruvian Prime Minister said.
“This new historical record of portfolio investment poises the need to keep managing the country on this track, without forgetting the center of the day-to-day policy-making which is the individual,” Cornejo noted.
Addressing this year’s award-winning ceremony of Orden of the Work, the senior government official highlighted Peru for having achieved the highest credit rating in Latin America and for holding one of the highest regional GDP growth rates.
He underlined, “This is a strong example of the international recognition for the country’s efforts to remain reliable, safe for investments and productive”.
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Published: 5/27/2014