Post Tagged with: "Luis Miguel Castilla"

Peru: New Finance Minister Expected to Ease Investment Processes

Peru: New Finance Minister Expected to Ease Investment Processes

In a surprise move President Ollanta Humala changed his Finance minister on Sunday, appointing a well-known economist to lead the portfolio. Alonso Segura, who was previously the chief of the advisory cabinet in the Finance ministry, was sworn in Sunday evening to succeed Luis Miguel Castilla. Castilla, who reportedly resigned for […]

Pipeline Could Allow Peru to Sell Energy to Chile

Pipeline Could Allow Peru to Sell Energy to Chile

The construction of a $7 billion pipeline in southern Peru will allow the Andean country to sell gas to countries, including Chile, Finance Minister Luis Miguel Castilla said. “The gas pipeline will eventually sell energy to other countries,” Castilla said in comments reported by daily Peru.21. Peru’s government last week awarded […]

Castilla Lowers Growth Forecast for 2013

Castilla Lowers Growth Forecast for 2013

Economy and Finance Minister Luis Miguel Castilla lowered his outlook for economic growth this year, but added that there should be a rebound in 2014. Castilla said that Peru’s gross domestic product is expected to expand a little more than 5 percent in 2013, compared to a previous forecast of […]

by · November 27, 2013 · 0 comments · Business
Castilla Sees Better Growth in Fourth-Quarter

Castilla Sees Better Growth in Fourth-Quarter

Economy and Finance Minister Luis Miguel Castilla said that Peru’s economy will recover in 2014, thanks to new mines and infrastructure projects. “There are indicators that are showing a change in tendency in the fourth quarter of this year. It appears that we’ve touched bottom in the third quarter, and […]

by · November 14, 2013 · 0 comments · Business