Peru's econ minister sees 2019 growth at 3% despite "downward bias" amid political crisis

Peru's econ minister sees 2019 growth at 3% despite "downward bias" amid political crisis
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  • Peru

Peru's new economy minister said on Wednesday that she saw economic growth for this year at 3% but warned of a "downward bias" amid a political crisis that earlier this month saw the president dissolve congress.

Maria Antonieta Alva, a Harvard-trained public administrator, told a press conference in the capital Lima that the economy remained "solid" despite the unheaval. Peru's centrist President Martin Vizcarra swore in a new cabinet including Alva last week and has announced new legislative elections for Jan. 26.

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