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Despite continued firm growth since the second quarter of 2002, employment data for Peru remain bleak. The unemployment rate in metropolitan Lima (the most accurate index of overall employment levels in Peru) climbed to 10. ... 61:US$1, despite considerable domestic political and regional economic instability. ... Prices for gold and copper, Peru’s largest two minerals exports, have held up relatively well in 2003, helping—along with Peru’s relatively cheap extraction costs—to increase interest in exploration projects. ...
Economic Policy
Sustained economic growth and continued improvements in the efficiency of the Superintendencia Nacional de Administración Tributaria (Sunat, the tax authority) are helping the government to increase revenue collection. ...
Open Market
In resent years Peru have open their market to imports of all kinds. ... The services balance varied little from the first half of 2002, but rising profit repatriation from investors in Peru led to a sharp rise in income outflows,
Trends
The government’s trade policy remains one of commitment to signing bilateral and multilateral trade accords.
Approximate Word count = 925
Approximate Pages = 3.7
(250 words per page double spaced)
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