Posted inMagazine

Archive, 1993: Fujimori on Peru

Peruvian President Alberto Fujimori has established his country’s economy by cutting inflation from 7,600% in 1990 to 57% last year and trimming public sector deficit to 2.5% of GDP in 1992 from 6.5% in 1990. In March, Peru took a big step toward regaining its international financial composure by wiping away over $1.7 billion of arrears to the World Bank and the IMF. The IMF responded by authorizing Peru to draw a $1.4 billion credit over three years, with about $136 million to be channeled towards reducing the country’s commercial bank debt. The credit will support Peru’s economic program.
The President graciously delivered closing remarks at a recent LatinFinance conference held in Lima. Later, he answered some questions from Katherine Conradt concerning the country’s capital markets

Posted inWeb Articles

The 3rd Annual Andean Investment Forum

The Andean Investment Forum is a high-level, invitation-only summit created to bring together the international investment community with Andean public and private sector leaders for debate and discussion on the rapid evolution of the global financial markets, its effects on the Andean economies and emerging opportunities for corporate and sovereign financing.

Posted inUncategorized

The Infrastructure and Sub-Sovereign Finance in Mexico Summit

There is a vast deficit in infrastructure in Mexico and it is impacting the country’s potential for growth, competitiveness and stability. Public sector resources are being mobilized, but insufficient to meet the pressing needs and though capital flows – both local and international – into infrastructure projects have improved, the need for further private sector investment remains huge.

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