Bloomberg News

Peru Economy Seen Expanding 5.5% Next Year, Andina Reports

November 25, 2012

Peru’s economy will expand 5.5 percent next year, overcoming international volatility because of its strong reserves, low debt and private and public investment, the Inter-American Development Bank said, according to news agency Andina.

The expansion would follow this year’s 6 percent growth, Andina said, citing an interview with Fidel Jaramillo, the development bank’s representative in Peru.

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