LIMA, Nov 13 (NNN-ANDINA) — Peruvian Economy and Finance Minister Alex Contreras affirmed that the Government expects US$8 billion of private investment in 2024, which will surpass the amount of US$2.7 billion seen so far this year.
“This administration supports entrepreneurs and private investment,” he underlined.
Likewise, the government official noted that valid but also uninformed criticism has been made by a group of ex-ministers, regarding actions taken under the United Plan, which comes late.
In this regard, he explained that a series of measures have been implemented to promote investment throughout this year, adding that the Government has presented a request for legislative powers to Congress twice.
“Private investment in infrastructure has increased 24-fold this year, going from US$97 million to US$2.3 billion. Significant progress has been made,” the minister said in remarks to Radio Nacional.
“The situation is complex; you must sow before reaping, and what we have done throughout this year is sowing. We have sown investment through these measures,” he stated.
Moreover, the Cabinet member affirmed that sometimes macroeconomics does not work as common sense perceives it, meaning that responses are immediate, because some are submitted within given deadlines.
“There are responses that take time to craft, so we want to break that record by 2024, going from US$2.3 billion to US$8 billion,” he remarked. — NNN-ANDINA
