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Julio Velarde acknowledged that this could have effects on the confidence of private companies.
The President of the Central Reserve Bank (BCR) of Peru, Julio Velarde, assured yesterday that the current crisis in the judicial system of the country know audios in which the members of the National Council of the Judiciary participated in the trafficking of Influence, discourage investors seeking legal certainty.
However, he felt that the situation would not have any impact on economic growth. "I think that the crisis of the judicial system will not affect the economy." Obviously it is terrible (…) Unfortunately for some investments, not having a predictable legal system is a discouraging factor "when Peru seeks to compare itself to" New Zealand or many countries of Latin America ".
New Lava Jato
If the leaked audios revealing alleged acts of corruption within the judiciary could be compared to the Lava Jato case in Brazil, Velarde felt that no.
"I do not see it that way.The Lava Jato case has paralyzed the construction and public works sector, which is not our case. have caused great repulsion, but not to seriously affect the growth of the Peruvian economy. "
The highest representative of the issuer said that among economic agents there is a logical rejection of the crisis that could discourage investment He felt that the crisis could have very little impact on public investment
New Minister
In full scandal, the Peruvian President, Martín Vizcarra, announced yesterday that this week he was sworn in The Minister of Justice, after last Friday, confirmed the resignation of Salvador Heresi to this post.
Up to now, the specific name of the substitute is not known.
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