BlackRock Forecasts Positive Economic Outlook for Peru in 2021

Last April, Moody's Investors Service Vice-President Jaime Reusche stressed that "Peru was the emerging country with the greatest fiscal response" to address the emergency and the economic impact caused by the coronavirus.

RIO DE JANEIRO, BRAZIL - Peru has once again proven its macroeconomic strength built in recent decades with fiscal responsibility and discipline, which allows it to face one of the strongest global shocks of the current century and —in turn— is the basis for a faster recovery in 2021, global investment manager BlackRock has affirmed.

Although the national economy had been growing at a rate of 2.2% in 2019, and further expansion was expected for this year, nothing foreshadowed the emergence of the lethal coronavirus pandemic, which stopped the productive activity at first.

The second quarter of the year was . . .

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