'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.
Được phát hành : 2 năm trước qua Reuters trong 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.
Chủ đề: Markets, Stimulus, Peru