Peru's Humala eyes more reforms to spur faster growth


  • World
  • Sunday, 13 Jul 2014

LIMA (Reuters) - Peru's President Ollanta Humala said on Saturday he plans policy changes to boost domestic demand and offset tumbling mining exports that have dragged growth to its weakest pace in five years.

Depressed global mineral prices and softer demand for commodities from China have been eating away at Peru's growth rates that topped 6 percent annually for much of the past decade. The government has said it will revise down its forecast of 5.7 percent GDP growth for 2014.

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