Peru’s growth driven by public and private investment, not subsidies

Posted on December 19, 2010 • Filed under: Business, Economy, Peru

Peru’s economic takeoff is driven by the public and private productive investment, which is a strong instrument for the country’s growth and the creation of employment, and not by artificial or temporary subsidies, President Alan Garcia said Saturday.
“Our country has started a takeoff that is neither artificial nor temporary. Our country does not sustain itself with the temporary subsidy to consumption or some sectors of society.” Read Article

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