Peru’s growing economy

· Economics

The Peru’s economies grew more than 13% last April in comparisson with April 2007, according with official reports of the National Statistics and Information Institute. It mades also the 10.5% during the first four months of 2008 thanks to the growing of construction, fishing and manufacturing industries.

The Peru’s economy boom is especially seen in Lima, a 8m city, while poverty continues to be unmoved in some rural provinces like the southern Andean region, according to The Economist. Popularity of president Alán García keeps as the lowest in the region, 26% by Ipsos-Apoyo. Wealth distribution focused in cities and coastland areas to let out of the growing boom traditional farms of the mountains. However, they are not completely forgotten by the Garcia’s government that intends to cut poverty in 30% for 2011, the year he will end his presidencial period.

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