Tag: debt

Financial Development Report

A key enterprise of U.S. commitment to Peru Peru economy continues its March toward development. It matter not only economic growth, but rather development and stop being an emerging country with a high level of poverty, is at the heart of the objectives of the Peruvians. Do you’ll achieve Peru be a developed economy? The path chosen thus far is correct. Peru is currently an economy open to investments outside and predictable, allowing you to leverage greater external technological development in own benefit, banishing the old myth that defend the protectionist about the negative effects of opening markets on local production. Such has been the good management of the Peruvian economy which it sits in first place in the ranking of macroeconomic prudence in the world according to the indicator developed by The World Economic Forum and recently presented at The Financial Development Report 2009 report. But also in Peru, foreign investments are well received. Peru It seeks to generate a good business climate for both domestic and foreign private investment can be developed.

For this reason it is that Peru is investing in infrastructure and not only does it at the national government level. Currently, Peru has 220 infrastructure projects drawn up by regional and local governments. The estimated amount of investment for these projects exceeds $2 billion, and they will enable a more balanced regional development of Peru. But the best thing is that investments in infrastructure will also be impetus for private investment since you will find increased its expected benefits. Finance such an amount of infrastructure projects is not a simple task, and much less so for a small economy such as the Peruvian economy. Why is that you must use creativity to the end, and so is being done from the Government. Intended to realize several projects of investment in infrastructure is through the form of an exchange of works by taxes.