Peru's Finance Minister Alfredo Thorne attends the Thomson Reuters Economic and Financial Forum in Lima, Peru November 3, 2016. REUTERS/Guadalupe Pardo
ASUNCION (Reuters) - Reconstruction efforts in Peru after severe flooding that killed more than 100 people warrant a wider fiscal deficit target, though the country is not planning to access debt markets to finance the deficit, the finance minister said on Saturday.
Reconstruction efforts will cost about $3 billion (2.39 billion pounds) over three years and begin in the second half of 2017, Minister Alfredo Thorne said in Asuncion, the Paraguayan capital, where he was attending an Inter-American Development Bank governors' meeting.
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