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February 22, 2025
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Private investment grew only 2.6% in 2024

Private investment grew only 2.6% in 2024

The private investment In Peru, only 2.6% in 2024 grew, after two years of registering negative results (in 2022 0.4% fell and in 2023 it retreated 7.3%), according to information from the Central Reserve Bank (BCR).

According to the BCR, the private disbursement accelerated its progress in the fourth quarter with an advance of 5.8% if compared to the same period of a previous year. “The result of sustaining the greatest non -mining non -residential investment,” added the BCR.

In this regard, the chief economist of the BBVA Research, Hugo Perea, detailed Peru21 That the accumulated result of 2024 responds, among other things, that in that year greater stability was observed after having registered negative results.

Although he stressed that a positive result was recorded, he pointed out that the level is still low. In that sense, he recalled that between 2001 and 2019, an average annual growth of 7.2%was recorded.

“We are far from what we did before pandemic. If we could recover that, it should be growing at a rate of between 4% and 4.5%,” he said and indicated that the BBVA Research is reviewing its projections and will make them known in March.

He also clarified that to increase investments, it is necessary that a greater stability framework be provided, that institutionality is improved and the political uncertainty in the country is reduced.

“Unfortunately in terms of stability, Peru has been backing in recent years. Peru is a country with great opportunities, in sectors such as mining, agricultural and also tourism. Getting that stability has to be a task of all actors, not Only one of the powers of the State, “he added.

In that sense, Hugo Perea explained that populist decisions can generate a poor quality of life and take investments in the country.

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