Andina

Moody's: Peru takes step forward in development

Moody

Moody's rebaja nota crediticia de Francia, como consecuencia de la crisis.

08:00 | Lima, Nov. 7.

Moody's Sovereign Risk Group Vice-President Jaime Reusche believes Peru is taking a step forward in development and that conditions are given to resume its high-growth path.

"Conditions are given to resume Peru's high-growth momentum and to take a step forward in development," he said in a panel discussion hosted by Andina news agency and El Peruano official gazette.

Reusche went on to note the work performed by State-run Private Investment Promotion Agency (ProInversion) in order to increase private investment through new projects.

"At least one [Proinversion] project portfolio is aimed at the private sector. Additionally, the improvement in mining concessions is remarkable," he pointed out.

(END) RMB/MVB

Publicado: 7/11/2017