Peruvian President Urges
More Investment To
Tackle Crisis
LIMA - Peruvian
President Alan Garcia
said Thursday that the
best way for Peru to
tackle the world
financial crisis is to
increase investment and
boost employment.
He made the remarks
during the inauguration
ceremony of a factory in
the Ate-Vitarte district
in the capital.
"Our best answer to the
international crisis
which is shaking rich
countries like the
United States and Europe
is to increase
investment and
production and boost
employment, and we are
achieving it," Garcia
said.
The production from
private investment must
be boosted so that it
will continue to
generate employment
opportunities for the
majority, Garcia added.
According to the
president, Peruvian
exports grew from 17
billion U.S. dollars to
30 billion dollars over
the past two and a half
years.
The export of mining
products and
non-traditional
industrial products
contributed to the
increase.
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