LatinNews Daily - 19 November 2021

In brief: Peru raises growth forecast

* Peru’s economy and finance minister, Pedro Francke, has raised the government’s GDP growth forecast for 2021 to 13%, up from the previous prediction of 10.5%. Francke said that the figure was “quite positive,” but added that a slow recovery in employment is preventing the country from bouncing back faster from the coronavirus (Covid-19) pandemic. He said that a planned tax reform, the details of which have not yet been announced, “will be very important to consolidate private and public investment and to have a strong, sustainable growth path over the next few years.”