Nicolás Magud, representative of the IMF, told Perú21 that private investment has a lot to do with the price of raw materials, and factors such as expectations of profitability, leverage, and financial constraints. Higher prices are appealing for investors and with the falling prices recently seen on the international scale of metals, this doesn’t look good for investment.
The study says that these prices could remain low for a longer period of time than hoped and therefore promotes that authorities encourage investment in other sectors. IMF suggests that authorities promote improving savings interests rates, the quality of education and the business environment.
In January, the Peruvian Government announced that private investments exceeded US$ 30 billion this year, with mining holding the largest share.
Nicolás Magud, representative of the IMF, told Perú21 that private investment has a lot to do with the price of raw materials, and factors such as expectations of profitability, leverage, and financial constraints. Higher prices are appealing for investors and with the falling prices recently seen on the international scale of metals, this doesn’t look good for investment.The study says that these prices could remain low for a longer period of time than hoped and therefore promotes that authorities encourage investment in other sectors. IMF suggests that authorities promote improving savings interests rates, the quality of education and the business environment.In January, the Peruvian Government announced that private investments exceeded US$ 30 billion this year, with mining holding the largest share.
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