The International Monetary Fund (FMI) raised Peru from 3.8% to 4% in its projection of Peru’s gross product expansion this year, according to its report Perspectives of World Economy: January 2018.
In October, the FMI maintained Peru’s gross product in 3.8% for 2018, in relation to their previous report from July that year. Nevertheless, due to the growth that the country has experienced in 2017’s second semester, the FMI considered a greater expansion of the internal demand that will boost the economy to about 4%.
Likewise, the multilateral entity envisaged an increase of 4% in Peruvian productive activity by 2019, which would have one of the best yields in Latin America in 2018 and 2019.
FMI also believes that Latin America and the Caribbean’s economy will register an expansion of 1.9% by the end of the year, and an advance of 2.6% in 2019.
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