International Monetary Fund

  • Posted on April 23, 2017 at 6:33 am

Is for this reason that the Agency credit rating Standard & Poor s, through its director of emerging markets, Richard Francis, makes a big bet considering that investments in the country will grow at an accelerated pace. For Francis, in the coming months we will witness an acceleration of the pace of investments both public as well as and mainly coming from the private sector. The recovery that are registering international prices of raw materials, as it is the case with the price of minerals, is also another element that will accelerate the volume of investments. This more favourable environment will also help with better economic activity of the Peru, he was confident Francis thereon. all about the problem. Also the International Monetary Fund (IMF) renewed its confidence in the Peruvian economy recently projected that Peru is one of the countries who benefited from the rise in international prices of commodities, mainly miners, which is expected after the global crisis has bottomed out.

And announcements of investment are already taking shape. To name just a few, last Thursday the Peruvian Minister of energy and mines, Pedro Sanchez, announced that a consortium led by Pluspetrol argentina will invest US $200 million to expand the gas reserves in its giant Camisea field in Peru, investment that will be produced from 2010 until 2015. Investments in the energy sector for the period 2009-2010 in Peru are estimated according to Perupetro, currently at US $1,500 million. Not only the energy sector will gain greater dynamism in the coming months, but everything related to infrastructure will attract investors. Peru needs to adapt its infrastructure to respond to the demands of economic growth. According to the greater vitality that is expected to have Peru, air transport is key and so is progress being made in the bidding for a group of six regional airports that will contribute also to the balanced development of Peru, tender whose licensing process began the month of April and spanning six regional airports.

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