Peru taps fiscal strength to face El Niño impact, eases fiscal rules

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)