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A total of 413,000 people living in rural areas of Peru moved out of poverty thanks to the government's greater social investment of S/. 4 billion (about US$1.2 billion), Peru's Primer Minister Pedro Cateriano announced. |
After starting 2015 with two relatively weak months, the Peruvian economy grew 2.7 percent in the last month of the quarter to take Q1 GDP growth to 1.7 percent. The agricultural sector grew 0.4 percent during the quarter, while the mining sector (14.4 percent of the economy) posted a 4.1 percent growth rate. Public utilities contributed with a 4.7 percent rate. Although this reports highlights the production or supply side of the economy it is clear that consumer demand was relatively strong during Q1. Commerce, which represents 10.2 percent of the economy, grew 3.6 percent during Q1.
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The financing provided by the banking system dynamized last April after having expanded by 9.9% in the said month (in annualized terms).
The increase was placed above the expansion registered in the two previous months, Peru's Banking Association (Asbanc) announced.
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Enterprises advised by Sierra Exportadora program will put organic products maca, chia seeds, lucuma powder and organic quinoa on display at the THAIFEX-World of Food Asia 2015.
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Peru's Foreign Trade and Tourism Minister, Magali Silva, will participate at the Ministers Responsible for Trade (MRT) Meeting, as well as bilateral gatherings organized by the Asia-Pacific Economic Cooperation (APEC) in Philippines.
These meetings will be held on May 23-24 in Boracay.
On this occasion, the officials are expected to adopt measures based on the agreements reached in previous technical gatherings. Among those are: Supporting the Multilateral Trading System, and thus, the World Trade Organization (WTO).
The Regional Economic Integration Agenda will be addressed by assessing relevant information related to the work plans and the Free Trade Area of the Asia-Pacific (FTAAP) study's terms of reference approval.
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Peru is on the way to close most of the infrastructure gap with a US$113 billion portfolio of projects financed jointly by the central government and regional and local governments, in partnership with the private sector.
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 The Finance Ministry has authorized budget allocations transfer worth S/.322,632,589 (about US$103.07 million), which will enable to develop four public sanitation infrastructure projects.
According to a Decree published in El Peruano official newspaper, the funds will be transferred from the Health Ministry, in favor of the Agriculture and Irrigation Ministry, Interior Ministry and Lima's regional government.
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Besides having won awards for their creations, Peruvian scientists have found interesting ways to take care of the environment and save energy from home. |
 Click and Visit our New Webpage: New skin, New body, Same passion
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Peru has been transformed into a avocado producing and exporting machine over the last 15 years. And due to its new prestigious positioning in the world stage of the tasty green berry, Peru was chosen as the host for the 8th World Avocado Congress for September 13-18 of this year. |
One of the most beautiful things to do in the world is to go birdwatching . Learn where to do this in Peru below. |
The negotiation process, aimed at reaching an agreement to exempt Peruvian citizens from need to apply for a Schengen visa before entering the European Union, has concluded successfully, Foreign Affairs Minister Ana Maria Sanchez affirmed.
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 Peru's Minister of Foreign Affairs Ana Maria Sanchez said the official visit of Chinese Premier Li Keqiang will give more importance to the comprehensive strategic alliance between the two countries.
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 A Kuwaiti parliamentary delegation has arrived in Peru and will be welcomed today in a private audience with Congress President Ana Maria Solorzano as part of a joint measure to enhance legislative work and invigorate investments.
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6,240 tourists visited the amazing Royal Tombs of Sipan Museum located in Lambayeque city, during the International Museum Day celebrated on Monday 18.
This amount exceeds the one registered last year, which totaled 2,579 visitors.
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The Qhapaq �an project has transferred the maintenance and restoration works, to be conducted on seven stretches of the Andean roads system, to the Archaeological Monuments and Sites Management Section attached to Cusco's Decentralized Directorate of Culture (DDCC).
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In this agitated city that is Lima, it's no easy task to maintain a career, behave as responsible parents, perform the daily chores as required, and perhaps find leisure time to do what you like best. The restaurant La Balanza wants to offer you a space where you can relax, enjoy some time with friends and family while eating a meal, and try to find that balance we all need in life.
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Whenever I vist my wife's home city of Arequipa there is one place I always try to visit, the Santa Catalina convent. It is located on the street which shares its name, two blocks north of the Plaza de Armas in the historic centre of Arequipa. It is truly one of the most enchanting attractions in the whole of Peru and should not be missed by any tourists visiting the city.
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 Democratic presidential candidate and former U.S. First Lady Hillary Clinton named Peruvian Lorella Praeli as her team's national Director of Latino Outreach. National Political Director Amanda Renteria, said the team is "thrilled" to have her join them because of her courage and perspective in the fight for Latino families across the country.
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 Lima can be a grim city. But one thing the Peruvian capital has going for it is its world-class surfing breaks. So, you might think Mayor Luis Casta�eda would be interested in conserving them. Not so. He has been busy dumping boulders onto one of Lima's best loved surf spots, la Pampilla. Then somebody painted the rocks bright yellow, which happens to be the color of Casta�eda's National Solidarity party.
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