RIO DE JANEIRO, BRAZIL - The economy of Peru, the world’s second largest copper producer, is expected to grow an annual average of 5.1% between 2021 and 2026, the economy ministry said on Monday, January 11th.
The ministry held its prior projection for a 10% expansion for this year, the highest rate since 1994, rebounding from an estimated 12% drop in 2020, according to a report prepared by the ministry for presidential candidates ahead of the upcoming April elections.
Hard-hit Peru is struggling through one of its deepest recessions in decades following months of battling the pandemic and . . .