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Peter Castilloor, coup and liberated, he left the government amid criticism, especially in economic sector. Under what conditions did he leave the country?
According to the National Institute of Statistics and Informatics (INEI), in the latest report, inflation across the country reached 8.64%. affected the economy of the family and reduced the purchasing power of wages by almost 15%.
In addition, reports from the Ministry of Energy and Mining report a drop in investment of more than 7%, informal employment attacked 8 out of ten Peruvians and private investment fell 0.8% by October this year.
For the head of the Institute for Economics and Business Development (Iedep) of the Lima Chamber of Commerce (CCL), Oscar Chavez, the departure of the ex-president leaves much to be desired. Peru With negative economic outlook.
“With low growth in 2022 and no necessary reforms to restore potential growth, sustainable growth over the long term,” Chavez said.
For his part, Edmundo Lizaburo, professor of administration and finance at ESAN University, believes that the main mistakes Pedro Castillo there was a lack of dialogue and transparency; in addition to the misappointment of his technical team.
“The creation of polarization was an important moment, and now we must try to prevent the recurrence of polarization, have an adequate team that accompanies it, and not adequately interact with the judiciary,” the expert said.
Disappointing numbers and forecasts
In Lima inflation over the past 12 months was 8.45%, slightly higher than reported in the previous month.
last month Ministry of Economy and Finance (MEF) lowered its economic growth forecast for Peru to 2.7-3%.
The mining industry also saw a 7.1% drop in investment in October compared to the previous month. More than 200 conflicts in mining caused a slowdown and led to the shutdown of important deposits for up to 50 days.
National production in September 2022 registered an increase of 1.66%, up 0.65% from the previous month.
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.