PM Otarola: Peru to become fastest growing country in Latin America

PM Otarola: Peru to become fastest growing country in Latin America
Photo: Presidency of the Council of Ministers (PCM) of Peru

MADRID, June 8 (NNN-ANDINA) — Peruvian Prime Minister Alberto Otarola affirmed that Peru will become the country with the highest growth rate in the region (3%), if there is a low inflation rate, which is projected to be 4% this month.

“The first thing we are looking for is to restore confidence among international economic agents in Peru. This year, Peru will be the country with the highest growth rate in Latin America (3%), with the lowest inflation rate (4%) this month, with a highly interesting growth in mining investments (6%), and the one that has recently issued bonds,” he told RPP Noticias.

In this regard, the high-ranking official explained that Peru is the strongest country in Latin America at this moment, which has been made possible during the first six months of the current Government, after relaunching Peru.

Likewise, the Cabinet chief remarked that the aim is to resolve the social agenda at the same time by, among other things, providing drinking water and sewage services, which will be a priority in the public sector budget for 2024.

Moreover, more than 2,600 projects and programs that were not executed, due to the inefficiency of the previous administration, will be unblocked.

“The challenge is lengthy, as well as the possibilities,” he said.

On the other hand, Otarola underscored that his working visit to Spain was highly positive, as well as the meeting with the Minister for Foreign Affairs, European Union and Cooperation of the Kingdom of Spain, Jose Manuel Albares, with whom he had a long talk about the agenda on pending issues between the two countries.

Similarly, the Peruvian Prime Minister highlighted the meeting held with Spanish firms, to which he outlined the Government’s roadmap and gave peace of mind by saying that investments can increase and diversify.

As for his trip to Paris, France, where he will visit the Organisation for Economic Co-operation and Development (OECD) headquarters, the Cabinet chief indicated that a memorandum will be submitted to move forward in the attempt to enter such body. — NNN-ANDINA

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