RIO DE JANEIRO, BRAZIL - Peru expects to raise its economic growth projection for 2021 from the current forecast of 10% as coronavirus cases fall from this year’s devastating peaks, reinvigorating the world’s No. 2 copper miner, Economy Minister Waldo Mendoza told Reuters.
Peru was a Latin American success story for almost three decades before the pandemic hit the mining-driven economy hard, pushing it towards its biggest annual contraction in a century.
A recent political crisis, which saw three presidents take office in less than a month, has also piled on uncertainty ahead of elections in April next . . .