US EditionPresident of the Bcr Warns that Congressional Laws Endanger Peru’s Fiscal Stability
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BCRP adjusted the projection of Peru's economy, how much will it grow in the electoral year?Although greater uncertainty would be expected in 2026, because of the presidential elections, during a recent report by Citi financial company, an additional warning was made: the market sees with more concern the succession in the Central Reserve Bank of Peru (BCRP) after almost 19 years with Julio Velarde in command.When consulted by Management on this…
This Friday, the president of the Central Reserve Bank (BCR), Julio Velarde, warned about the risks to the Peruvian economy posed by the set of norms recently approved by Congress, which significantly increase public spending and compromise the solidity of the state finances. The declarations were given within the framework of the fiscal agreement promoted by the government to guarantee the sustainable growth of the country. The holder of the BC…
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