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June 13, 2022
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Peru vs. Australia: how much will the economic impact be if the ‘red and white’ team qualifies for the World Cup in Qatar?

Peru vs.  Australia: how much will the economic impact be if the 'red and white' team qualifies for the World Cup in Qatar?

The expectations of they are big and if it qualifies it will have a positive impact on the national economy. This was pointed out by Oswaldo Molina, an economist from the Studies for Development network.

If Peru qualifies, we have greater economic growth, due to family consumption, especially in the commercial sector.”, said the economist in RPP.

He indicated that the classification of the “blanquirroja” for the 2018 Russia World Cup meant an average of US$ 350 million more for the Peruvian economy and the same figure could happen if the Peruvian team advances to the Qatar 2022 World Cup.

LOOK: Repechage live via Latina TV and Movistar Play: Peru 0-0 Australia live online, free links

The same is expected to happen (for Qatar 2022). The Lima Chamber of Commerce (CCL) indicated that some shopping centers during the month of the World Cup grew their sales by 13%, in some sports-related brands by 30%, in bars and restaurants an increase by 50%”, he referred.

He added that, at that time, Gamarra projected sales of S/ 2,000 million in garments with Peruvian motifs.

We are not only risking the classification, but also all those additional businesses that can help the Peruvian economy“, held.

In that sense, Molina mentioned that in Russia 2018 the Peruvian economy grew a little less than 1% of GDP. “One percentage point would be US$1 billion, so we figured it was about US$400 million and that’s what we expect to happen again with Peru’s potential qualification.”, he narrowed down.

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