INSUBCONTINENT EXCLUSIVE:
It brings in a lot of money from exports, especially copper, gold, and zinc.The Central Bank now expects metal mining to grow by just 0.3%
in 2025, much less than the 2% they predicted before.Hydrocarbons, like oil and gas, are also expected to grow less, with their forecast
Manufacturing, services, and mining led this growth.People and businesses also spent more, and exports of goods like grapes, natural gas,
Mining Struggles, Central Bank Lowers Growth ForecastInvestment in mining is expected to be about $4.8 billion this year
However, the sector faces problems such as illegal mining and local disputes, which sometimes stop production.Inflation is low and stable,
2025.Still, there are risks
Set New Pace, But Old Challenges RemainPolitical and social problems in Peru, especially near mining areas, also worry investors.The
government hopes to attract $16 billion in private investment by 2026, focusing on new infrastructure and mining projects
