Peru has maintained a macroeconomic stability that gives confidence to the investor community, said President Ollanta Humala during his participation in the First Bloomberg Latin American Forum – Hosting the Pacific Alliance.
"We have held, over the past few years, a stable macroeconomic framework that instills trust, and we have consolidated an economy, in which we are working on diversifying. This is why we now have a National Productive Diversification Plan, a state policy led by the president," he said.
He also explained the State has implemented a number of reforms in different fields, such as education, health, the tax administration, the civil service, social security, defense and stock exchange, “this will allow us to harvest good results in the medium and long term.”
At the forum he attended along with Michelle Bachelet (Chile) Juan Manuel Santos (Colombia) and Enrique Peña Nieto (Mexico), Mr. Humala stressed the said regional bloc enables progress to be made in intra regional trade as well.
“We are moving forward in an inter regional trade that is increasing and enabling us to consolidate micro and small businesses, this enables us to further strengthen our education, the key mechanism to develop our peoples,” he noted.
"We believe that in this complex world that we are presently facing, in which somehow the international market is dropping in some products, the integration of our four member emerging economies is ever more meaningful, as this enables us to complement each other,” he stated.
Thus, he said the bloc will not only look out to what the United States, China and the European Union are doing, but also inside the alliance to see what member countries are doing.
(END) MDV/VVS/RMB
Published: 9/23/2014