Fiscal Council president Alonso Segura says Peru’s financial-asset savings are at a 25-year low as El Niño intensifies, despite record
PERU · FISCAL POLICY
Key Facts
—The warning Alonso Segura, president of Peru’s Fiscal Council, says the country’s financial-asset savings are at their lowest point in around 25 years.
—The timing It arrives as El Niño intensifies.
—The comparison In 2017 the fiscal stabilisation fund plus liquid reserves exceeded 4 percent of GDP.
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