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With Pace Of August Growth, Peru Would Grow 13.2% in 2021: Velarde

PERU

Peru Central Bank's Velarde:

  • Private investment to grow 0% in 2022
  • Mining investment to grow 8.3% in 2022
  • Non-mining investment to fall 1.1% in 2022
  • Public investment to grow 4.5% in 2022
  • Deficit falling quickly despite public investment
  • If Peru keeps pace of Aug. growth, would grow 13.2% in '21
  • Peru's income growing much more than expenditures (All BBG)

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