CAF Foresees Growth Of Economy Of Peru Of 3.8% In 2018

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The Development Bank of Latin America (CAF) projected today that the performance of the Peruvian economy will improve with the advance of investments in the scope of the reconstruction process, said Andina News Agency.

“There is a talk of growth for Peru between 3.7% and 3.8% for this year and in addition, there were good data for the economy in recent months, which indicates an improvement in economic activity”, said the representative of the CAF in Peru, Eleonora Silva.

She also mentioned the new minister of economy, Carlos Oliva, who to her is an economist with broad experience in the public sphere, since he was Deputy Minister of Finance.

Minister Oliva is a person who is committed to the country and we wish him success in his management, and CAF is ready to support him in his work at the MEF (Ministry of Economy and Finances),” said the representative of the CAF in Peru, according to Andina.

Next, Silva highlighted the importance of tax collection for the country and noted that expanding tax collection implies the formalization of the Peruvian economy.

CAF is a development bank made up of 19 countries: 17 from Latin America and the Caribbean, Spain, and Portugal, and 13 private banks in the region.

It promotes a model of sustainable development, through credit operations, non-reimbursable resources and support in the technical and financial structuring of projects of the public and private sectors of Latin America.

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Ermelinda is a journalist from Caracas, Venezuela. She has a Master’s degree in Digital Journalism and has recently finished a technical degree in Veterinary Assistance because of her love for animals. She likes to do sports, but especially ballet, which she has practiced for more than 17 years. Her passion is to read, write, and blog about different topics, as well as travel whenever she can.