During the governments of Alejandro Toledo (2001-2006) and Alan García (2006-2011), Peru grew close to its potential level, with GDP rates of between 6% and 7% per year. In that decade, 27% of Peruvians managed to get off the poverty line. The main engine behind this advance was private investment, which maintained an average growth of 9.5% per year, favored by the boom in the prices of raw materials.
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During the governments of Alejandro Toledo (2001-2006) and Alan García (2006-2011), Peru grew close to its potential level, with GDP rates of between 6% and 7% per year. In that decade, 27% of Peruvians managed to get off the poverty line. The main engine behind this advance was private investment, which maintained an average growth of 9.5% per year, favored by the boom in the prices of raw materials.