PERU BECOMES THE EIGHTH RICHEST COUNTRY IN LATIN-AMERICA..!

Peru became the eighth richest country in Latin America, moving to ninth place in Colombia, according to an analysis of digital publishing Latinvex, based on new data from the International Monetary Fund (IMF).The publication, detailing the figures used Andina-parity purchasing power (PPP) of gross domestic product (GDP) per capita to measure wealth.

The worldwide known rating agency Fitch says, that Peru will maintain above 6% growth in the coming years..!

The Peru sustain its economic growth above 6 percent in coming years, the ratings agency Fitch Rating. "From the point of view of a rating look that Peru has a consistent macroeconomic management, responsible and promotes continued private investment. Believe that economic policy remains in that direction"

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WORLD ECONOMIC FORUM - PERU IS MODEL FOR LATIN-AMERICA

Peru, which has been one of Latin America’s fastest growing economies, is a source of inspiration for other nations in the region, according to the head of an economic forum taking place in the Andean nation this week.

The World Economic Forum on Latin America was inaugurated on April 24, with public sessions starting Wednesday and wrapping up on Thursday. More than 650 participants are attending the event, held at the city’s newest and tallest hotel, the Westin in the heart of the San Isidro financial district.

Prominent participants include Mexico’s President Enrique Peña-Nieto, World Bank chief economist for Latin America and the Caribbean, Augusto de la Torre, President RicardoMartinelli of Panama, and the Organization of American State’s secretary general, Jose Miguel Insulza. The theme of the conference is: Delivering Growth, Strengthening Societies.

“Peru is indicative of the promise of most Latin American nations,” said Marisol Argueta de Barillas, senior director and head for Latin America of the Switzerland-based World Economic Forum. “We hope the outcomes of the discussions at this meeting will be a source of inspiration to action that will continue to propel Latin America into an enduring success story, where economic growth may be invested in human capital and turned into a source of long-term development.”

Peruvian Premier Juan Jimenez said in a statement that the event  includes talks on “key issues” for Latin America and Peru. “We are fully committed to the development of our country; however, we are conscious that there is still a long way ahead of us. We are a country that promotes investment, and we know that the path to economic growth runs along the path of investment,” he said.

Peruvian Finance Minister added that despite the country’s strong growth in recent years, it still needs to improve competitiveness and productivity. “Peru faces a number of challenges to take advantage, fully, of its economic potential,” he said. “We will have ample discussions on these issues during this forum.”

The World Economic Forum on Latin America has previously been held in Brazil, Mexico and Colombia. This is the first time it has been held in Peru.

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