LIMA, Feb 26 (NNN-ANDINA) – Peru continues to be region’s economic growth leader as it expects to enjoy an average GDP growth rate of six percent per year from 2012 to 2019, the Ministry of Economy and Finance (MEF) said.

Deputy finance minister Carlos Casas said that Peru’s economy is likely to grow 4.8 percent in 2010 and 2011 (although this year’s estimates are being revised upwards), the highest growth figures of the region.

In addition, Peru expects a GDP growth of 5.7 percent between 2012 and 2014 and an average annual growth rate of 5.6 percent between 2015 and 2019.

?These figures are much higher than those expected to be reported by the region’s main countries with which Peru trades,? said Casas.

MEF projected Peru’s GDP per capita to increase to US$ 7000 by 2020.

Meanwhile, four Peruvian enterprises that attended the Magic Show fair of Las Vegas, Nevada United States earlier this month expect to close business deals estimated at US$1.21 billion over the next 12 months, Peru’s Tourism and Export Promotion Board (PromPeru) said.

The high quality of Peruvian cotton clothing were the most demanded products by international buyers who attended the fair including T-shirts for women and men and baby clothes.

Quality, texture and design were among the most striking features of Peruvian cotton garments presented at the fair considered as the largest specialised event in the US clothing sector. — NNN-ANDINA

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