As expected, the economy Peruvian grew more than 3% in 2024 (3.33% to be exact), even above what analysts predicted (3.2%). This result was used immediately by the president Dina Boluarte To get political revenues.
“When I assumed the government, we received a country beaten by social protests and the climate attacks of the Yaku Cyclone. These factors caused the fall of the economy in 2023 (-0.55%); But, despite adversities, we affirm that 2024 would be the year of economic recovery, and we have complied, ”he said through a press release sent from Government Palace.
To these statements he added: “This growth fills us with optimism about the economic future better for the coming years.” But the result of 2024 is really to inflate the chest?
It must be taken into account that, for Peru to reduce poverty in large percentages, it needs an annual advance of at least 5%. The same to generate quality employment.
For this reason, former economy and finance ministers (MEF), consulted by this newspaper, analyze whether last year’s figures are to sin optimists. Both Luis Miguel Castilla and David Tuesta agreed that, although it is a positive result, it does not give room for “triumphalism.”
“The issue is that there is a large percentage of the population that has not benefited from that growth. Therefore, we must calmly take 3.33% and be empathic with whom they have not received some of that growth, ”said Tuesta.
In the same way, he considered that it is not time to think about new accesses to the funds of the AFP or CTS accounts, since he recalled that this only favors a percentage of people who today have formal employment.
“There are those who withdraw the AFP and the CTS and then save it again. It is a mistake to repeat retreats because, finally, people who need it do not benefit the most, ”he added.
You need support
While both Tuesta and Castilla trust the work that the new head of the MEF, José Luis Salardi, also considered that they can only do the work if he receives the support of the president and the Premier Gustavo Adrianzén.
“The Minister of Economy is the main minister of a government and traditionally is the one who takes the baton, but that has been lost for some years,” said Castilla.
Similarly, he considered that this will be a year with many challenges, taking into account that the electoral campaign begins with a view to the general elections of 2026.
Employment and informality
Yesterday, the INEI also revealed that the informality rate in the country was reduced in 2024, although only in 0.2 percentage points, and went from 71.1% in 2023 to 70.9% last year.
The institution also reported that the country’s occupied population reached 17’322,900 people, an increase of 0.8% if compared to a year earlier. In that sense, proper employment increased by 3.1%, while underemployment retreated 1.6%.
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