Arequipa, Sep. 30 (ANDINA). Peru may lead the economic growth of Latin America in the next 5 years due to good results registered in its macroeconomic policy in recent years and if the next government keeps the same line of action, Inter-American Development Bank (IDB) reported Wednesday.
“The next Peruvian government must follow current macroeconomic policy because it is effective,” the President of the Inter-American Development Bank (IDB) Luis Alberto Moreno said.
He pointed out that amid international crisis, which has shaken global economy, Peru is one of the few countries that still make progress.
“Peru has demonstrated to be the best prepared country to face crisis in Latin America,” he told Andina News Agency.
He said that the country was growing at a rate of almost 10 percent and despite global financial crisis, Peru will recover faster than any other country of Latin America.
“This year, when it is expected that Latin American economy will fall almost 2 percent, in the case of Peru, we will register a growth from 1.5 to 2 percent,” he added.
(END) DCT/JPC/DCR