The President of Peru, peter castlehighlighted this Thursday that his country has “the most solid and stable economy” in Latin America, having surpassed Chile in the most recent quarterly country risk report from Bloomberg.
“Confidence in the country’s economy and its solid macroeconomic fundamentals is reflected and ratified in these results”, Said the ruler in a message on his official Twitter account, which he accompanied with a graph of the ranking offered by the agency.
He added that “this news, added to the recovery” of the sol, the Peruvian currency, “and the low financing costs to which the country has access, confirm that this is indeed a government of changes that builds and reaffirms its commitment to the previously commissioned projects.
“We ratify our goal for Peru to continue to be a model of economic strength, and a future member” of the Organization for Economic Cooperation and Development (OECD) “with a competitive and inclusive economy for all Peruvians“, he pointed.
The president, who took office on July 28, spoke after local media highlighted that in the update of the country risk indicators in Latin America and the Caribbean by Bloomberg, Peru closed the fourth quarter of 2021 with a rating of 56.28 points and displaced Chile from the top, obtaining this country 52.79 points.
Colombia (42.05 points), Argentina (40.56) and Panama (32.65) also appeared among the five most stable economies in the region.
This Thursday, the Central Reserve Bank of Peru (BCRP) reported that the price of the dollar in the Andean country reached its lowest price in almost nine months, going from S/ 3.75 to S/ 3.72 at the interbank level.
The dollar has not had such a low price in Peru since mid-May 2021 and, according to the BCR, so far in 2022 its price has fallen 6.61% compared to the end of last year.
During an activity in the northern region of Lambayeque, Castillo added that his government, which his opponents describe as “communist,” is “demonstrating the opposite of the many things that were said.”
“We cannot be irresponsible by making the economy a risk for Peru, and that is why we have summoned people who know the sector”, maintained the leftist ruler.
He added that Economy Minister Óscar Graham “has a lot to do”, after taking office last Tuesday, as part of the cabinet reshuffle now chaired by jurist Aníbal Torres.
Graham”has all the availability not only to have a balanced economy, but to guarantee this economic space that oxygenates us and allows us to say that Peru is going to sustain a stable economy, without any riskCastle concluded.
