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Renewed protests due to election advance result in S$672 million daily sales loss in Amazonas, Apurimac, Arequipa, CuscoMother of God and Fistaccording to Lima Chamber of Commerce.
The sectors most affected are trade, where losses reach S$170 million, followed by mining and hydrocarbons (SG$161 million) and finally services (SG$149 million).
Oscar Chavez, head of the Institute for Economics and Business Development (Iedep) of the Lima Chamber of Commerce, explained that the calculations are based on potential sales.
But it wasn’t just private activity that was hit, public investment also slowed in six countries. regionswhich means SGD 31,600,000 stopped spending daily.
Regions affected by the restriction of public investment
Cusco tops the list of regions hardest hit by the demonstrations with S$12.4 million missing, followed by Arequipa with S$5.8 million missing, and S$5.5 million in Puno.
The SGD 3.8m investment was also discontinued in Apurimac, followed by Amazonas where SGD 2.7m is no longer spent and SGD 1.3m in Madre de Dios.
“It is taken into account that no work is being done and that the entire region is paralyzed,” said Iedepa CHL spokesman.
Recall that all these regions provide 14.6% of gross domestic product and 29.4% of primary GDP (agriculture, fisheries and mining).
Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.