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As Peru election nears, economic gains seen at risk, OECD says
The OECD projects 2.8% GDP growth this year and urges reforms to restore fiscal discipline and investor confidence amid political fragmentation ahead of the 2026 elections.
- On Monday, the Organisation for Economic Co-operation and Development published a report urging Peru to implement economic measures to counter political uncertainty ahead of the 2026 general elections.
- Political instability has left Peru with six different presidents in nine years, and President Dina Boluarte's approval rating has languished at historic lows since last year, fueling social protests and deep political fragmentation.
- The OECD projects GDP growth this year and in 2026 for Peru, world's third-largest copper producer, and expects inflation to fall within the central bank's target range of 1% to 3%.
- The OECD urged Peru to restore compliance with its fiscal rule and invest in infrastructure, education, and climate resilience, as Mathias Cormann said `Peru can strengthen the foundations for long-term growth by enhancing workforce skills, boosting small businesses' access to finance, encouraging formal job creation and accelerating climate adaptation`.
- Growth will moderate amid global and domestic uncertainty and a lower potential growth rate, the OECD warned, with its outlook sitting below the Peruvian government estimates.
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OECD Urges Economic Reforms to Combat Peru's Political Instability
OECD Urges Economic Reforms to Combat Peru's Political Instability The Organisation for Economic Co-operation and Development (OECD) has called on Peru to adopt economic reforms in anticipation of increased political instability ahead of the 2026 general elections. The OECD's recent report highlights the need for Peru to fortify its economic foundations amid existing political challenges and social protests.OECD Secretary-General Mathias Cormann…
·India
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As Peru election nears, economic gains seen at risk, OECD says
Peru should implement economic measures to counter political uncertainty that is expected to intensify ahead of the 2026 general elections, the Organisation for Economic Co-operation and Development said in a report published on Monday.
·United Kingdom
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Coverage Details
Total News Sources7
Leaning Left1Leaning Right2Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
Factuality
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