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Tag: Peru economy

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...
RIO DE JANEIRO, BRAZIL - With oil and gas fields, and the 200,000 b/d North Peruvian oil pipeline, shut down repeatedly by social conflicts and a three-month lockdown, Peru's government is now focused on jumpstarting its economy, which is...
RIO DE JANEIRO, BRAZIL - The Committee for the Destruction of Drugs Seized due from Illicit Traffic —attached to Peru's Interior Ministry (Mininter)— managed to destroy over 42 tons of drugs, which had been seized during various police operations...
RIO DE JANEIRO, BRAZIL - The Peruvian mining sector's production has accelerated as a result of the economic activities' reactivation phases implemented since May this year. Because of the COVID-19 pandemic, the Peruvian government was forced to adopt a series...
RIO DE JANEIRO, BRAZIL - Credit to companies in Peru expanded 22.3% year-on-year in November 2020, making it the most dynamic among the world's main economies, according to information recently released by the country's Central Reserve Bank (BCR). The lending...
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...
RIO DE JANEIRO, BRAZIL - Peru´s Central Reserve Bank (BCR) on Friday reported that the advance in public investment and the increase in domestic cement consumption suggest a double-digit growth in the construction sector for November. "The data on domestic...
RIO DE JANEIRO, BRAZIL - The Negative Outlook reflects Peru's weakened government balance sheet, deterioration of policy predictability as a result of congressional passage of populist measures in recent months, and Fitch's expectation of continuing challenges to reduce fiscal...
RIO DE JANEIRO, BRAZIL - The issuance of Peruvian bonds equivalent to US$4 (R$21.6) billion, including one due in 101 years, shows the country's macroeconomic strength, which was a key factor for this successful operation, Director of Sovereigns for...

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