Despite the minister’s optimism, Peru teeters on the brink of a technical recession

The Peruvian Economy and Finance Minister, Alex Contreras, announced on Tuesday that the nation’s economy is expected to contract close to 1%, similar to the fall observed in January. This contraction could mark two consecutive quarters of economic decline for Peru. “We anticipate a contraction due to impacts on fisheries and agriculture,” said Contreras at […]

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