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Latest News in Peru / Archive
Advice | 1 June, 2009 [ 16:54 ]
Public investment in Peru might grow 51.7 percent
LivinginPeru.com
Isabel Guerra
According to the Finance Ministry's Multi-annual Macroeconomic Framework, public investment in Peru is likely to grow by 51.7% this year, boosted by the implementation of the government's economic stimulus package.
It is also expected that public consumption will increase by 8% in real terms due to higher expenses in road and infrastructure maintenance projects.
The economic activity in 2009 may register a moderated growth due to a 3.9% rise in non-primary production.
Primary production may see a moderate growth of 3.5%, driven by a 2.4% increase in the agricultural sector, due to increased production and demand for livestock products including meat, eggs and milk.
The Agricultural subsector may suffer a slowdown, and the Fishing activity may rise by 2.9 percent due to increasing fish extraction for indirect human consumption.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
Isabel Guerra
According to the Finance Ministry's Multi-annual Macroeconomic Framework, public investment in Peru is likely to grow by 51.7% this year, boosted by the implementation of the government's economic stimulus package. It is also expected that public consumption will increase by 8% in real terms due to higher expenses in road and infrastructure maintenance projects.
The economic activity in 2009 may register a moderated growth due to a 3.9% rise in non-primary production.
Primary production may see a moderate growth of 3.5%, driven by a 2.4% increase in the agricultural sector, due to increased production and demand for livestock products including meat, eggs and milk.
The Agricultural subsector may suffer a slowdown, and the Fishing activity may rise by 2.9 percent due to increasing fish extraction for indirect human consumption.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
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