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'No doubt' Peru in recession, econ minister says, seeking stimulus

There is "no doubt" Peru is in a recession, Economy Minister Alex Contreras said on Friday, his first acknowledgment of the country's negative growth, before speaking before congress to request a fiscal stimulus. Peruvian Economy Minister Alex Contreras has stated that there is "no doubt" Peru is in a recession, stating that the country's economic situation is now considered a recession. This is Contreas' first acknowledgment of Peru's negative growth and first time speaking before congress to request a fiscal stimulus. Contrera had previously downplayed months of economic contraction but now acknowledges the country is in recession.

'No doubt' Peru in recession, econ minister says, seeking stimulus

게시됨 : 2 년 전 ~에 의해 Reuters ~에 Finance

LIMA, Oct 20 (Reuters) - There is "no doubt" Peru is in a recession, Economy Minister Alex Contreras said on Friday, his first acknowledgment of the country's negative growth, before speaking before congress to request a fiscal stimulus.

Contreras had previously downplayed months of economic contraction, but told journalists outside congress on Friday that the "difficult" situation was now definitively considered a recession.


주제: Markets, Stimulus, Peru

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