INSUBCONTINENT EXCLUSIVE:
Peru struggles with recovery and lowers 2023 GDP growth forecast to 1.1%.However, the government stated that the country is striving to
the pandemic, Peru was the fastest-growing economy among major Latin American countries.In recent years, continuous political crises and
of copper, other metals, and agricultural products like avocados, grapes, blueberries, asparagus, and fish.RIPLE EFFECTSThe economic crisis
in Peru is multifaceted, involving not only a slowdown in growth but also political instability, global economic challenges, and climatic
events.The government is actively working to reverse the declining growth trend, which has been challenging for over a decade and was
global commodities market, the economic challenges faced by Peru will have ripple effects worldwide, affecting supply chains and
international trade dynamics.
