Peru rolls out economic measures to counter El Niño impact

Peru rolls out economic measures to counter El Niño impact

Peru on Thursday unveiled ​a package of economic measures ‌aimed at ​cushioning a potential slowdown from the El Niño weather phenomenon.

Impacted firms will receive liquidity support ‌and tax payment deferrals, Economy Minister Elmer Cuba said at a press conference, adding that Peru has the fiscal firepower to fund the measures. ($1 = 3.4471 soles)

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