IDB: "There is a risk of a smaller increase in investment"

In its latest report, the Inter-American Development Bank (IDB) warns that the Peruvian economy has undergone a radical change. It went from "a scenario of instability and economic deterioration in the 1980s to today one of the most prosperous economies in Latin America."

Nevertheless, it still faces internal risks that can slow down its growth.

downward risk factors, such as a lower than expected recovery in investment, greater delays in megaprojects such as Metro Line 2 and the negative impact of corruption cases, both in the construction sector than in the construction sector. the reconstruction of the areas affected by the coastal El Niño ", reads the document.

To all this is added the deceleration of the price of raw materials." With the end of the commodities boom, Peru suffered from Economic slowdown. In 2017, GDP grew by only 2.5% (compared to 4% in 2016), the lowest level in three years. "

Therefore, it recommended to initiate a multiple policy plan. "In terms of productivity, a model of continuous training of workers is recommended, and improvement of road and energy infrastructure is recommended, if these proposals are associated with a better business climate in the context of from a strengthened public-private partnership framework, they will stimulate the participation of private capital, "he said. ❧