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Lima, Peru  |  Saturday 17 May 2008 09:03  | 



Business | 22 April, 2008 [ 17:45 ]

Alan Garcia: Poverty dropped 3 percent in Peru - Economy to grow 7.5 percent


Poverty reduced by 3% in the last 15 months, president García said

Peruvian president Alan García informed Monday that poverty in Peru has been reduced by three percent in the last 15 months, and pointed out that the economic growth for this year would be eight percent according to the projections of the Central Reserve Bank of Peru (BCR). “In the next days, the Central Bank which announced a GDP growth of eight percent this year, which means a new record compared to other Latin America countries, will also be able to validate the international and national numbers that show that the poverty has been reduced by three percent during the last 15 months”, García said during the inauguration of the Bank Ripley. (ANDINA - click here to read complete article)


Peru's economy to grow from 7.5% to 8% this year

The Peruvian Central Reserve Bank (BCR) increased today its growth expectation of the Peruvian Gross Domestic Product (GDP) for this year, from 7.5 to eight percent, the president of the BCR stated today. “Peru's economy will grow 10.3 percent only in the first quarter of this year and will close with eight percent by the end of the year”. (ANDINA - click here to read complete article)


Six prequalify for the concession of two new electric transmission lines

Six companies have been prequalified for the Mantaro – Caravelí – Montalvo and Machu Picchu – Cotaruse electric transmission concession, the Private Investment Promotion Agency (ProInversión) stated. Transmisión del Sur (Transur) consortium, integrated by Peruvian Graña y Montero and the Brazilian Aluzar Investimento, is the first prequalified. (ANDINA - click here to read complete article)

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