Advanced Search

Weekly Report - 18 June 2020 (WR-20-24)

Peru’s Vizcarra tables ambitious plan to drive growth

Peru’s President Martín Vizcarra announced a plan on 15 June to revive the economy and create in excess of 1m jobs between now and the end of 2020 as the country seeks to bounce back from the ravages of the coronavirus (Covid-19) pandemic. A three-month lockdown brought an abrupt halt in March to a growth streak which stretched back 127 months. Peru’s worst monthly GDP figure since records began followed in April, the national statistics institute (Inei) revealed this week. But Covid-19 has not been suppressed in Peru. There are on average 3,000 new confirmed cases per day. Balancing economic recovery with public health in the months ahead will be a major challenge.

End of preview - This article contains approximately 463 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options