Previously, the opposition in congress (which included several of the parties now included in the pro-government 'new majority') rejected the electricity and oil sector reforms on the grounds that they would pave the way for privatisation.
PERU | Growth outlook. Last November productive activity in Peru was up 8.4% year-on-year, the highest such rate since April 2002, when a 9.1% rise was recorded. The main driving forces were fishing (up 30.7%), manufacturing (+10.8%), construction (+8.4%) and mining (5.2%, driven by copper, iron, oil and gas). Agriculture was up a more modest 3.2%, despite the recovery in the production of potatoes, cotton and rice.
Worth noting: the upswing in manufacturing was driven chiefly by the non-primary branches, particularly textiles and apparel.
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