Peru to Issue Up to Three Sovereign Bonds to Tackle Soaring Fiscal Deficit
2025-01-29
Reuters
In a bid to address its expanding fiscal deficit, Peru, the second-largest copper exporter globally, is set to launch up to three sovereign bond sales this year. According to Economy Minister José Arista, this move follows the country's economic growth surpassing forecasts in the previous year. With a focus on economic stability, Peru aims to leverage these bond sales to finance its growing deficit. This strategic financial decision is expected to have a significant impact on the country's economic landscape, particularly in the areas of fiscal policy and debt management, as it navigates the challenges of economic growth and financial sustainability.
