Peru: BCR reports on non-financial public sector operation in Dec 2020 | Noticias | Agencia Peruana de Noticias Andina
15:24 | Lima, Jan. 20. In 2020, Peru's fiscal deficit reached 8.9% of GDP —7.3 percentage points higher than in 2019— given the tax and spending measures adopted to mitigate the impact of COVID-19, as well as the effect of a lower economic activity caused by the pandemic, the Central Reserve Bank (BCR) has reported. In December 2020, the operations of the non-financial public sector registered a deficit of S/20.15 billion (about US$5.57 billion) —a deficit S/9.70 billion (about US$2.68 billion) higher than that recorded in December 2019— as a result of higher ...
Source: andina.pe