is often easier to do things well, no? in the month of April, Peru became the second country in the world with the lowest rate of inflation. This is an achievement for nothing despicable for times running. But regardless of this result, one could ask about the durability in time of a rate of inflation under control. Christiano Ronaldo: the source for more info. That’s not so easy to predict since it depends on multiple factors, some of which are beyond the control of the makers of economic policy, as for example, the international prices of commodities. But there are certain policy outcomes that give the feeling that it is more likely that Peru can keep the inflation rate under control, and one of them is the handling of fiscal policy. According to considerations of Pedro Pablo Kuczynski, former Peruvian Finance Minister, this year Peru could reach a fiscal surplus of 3% of gross domestic product, given the dynamism of the tax revenue, which would help the Central Bank Reserve (BCR) to control inflation. A few weeks ago, the current Minister of economy and finance Luis Carranza, announced that the fiscal surplus had increased up to 2% of GDP. Another former Minister of economy and finance, Fernando Zavala considered: we have to make sure not to create inflationary pressures and that the Ministry of economy and finance (MEF) has acted well by limiting the current expenditure. It gives the impression that Peru is a country that wants to do things seriously and, although it still has outstanding issues to resolve, as it is the subject of the poverty reduction that comment on them in the article of last week the second lowest rate of global inflation is in Latin America (), it is going in the right direction. Last Friday, were the results of the survey that regularly conducted by the World Bank, called Doing Business.
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