RIO DE JANEIRO, BRAZIL - According to a World Bank report, external economic conditions will become less favorable for Peru, with slower growth in China, its largest export destination, and a weakening of copper prices.
On Tuesday, the World Bank (WB) maintained its 3.2% growth forecast for the Peruvian economy this year while projecting a 13.2% rebound in 2021, according to the most recent edition of the World Economic Outlook report. Regarding 2023, the entity estimates a 3% growth for Peru.
"In Chile and Peru, strong cyclical rebounds in 2021 are projected to soften in 2022. In Peru, deteriorating . . .
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