In 2020, the Peruvian tourism sector lost around 600 million soles ($165 million) in profits. Following the restrictions associated with the second wave, the Chambre of Regional Tourism of Arequipa requested increased loans from Reactiva Perú, the government plan to financially support companies.
Peru’s non-traditional exports totalled $1.454 billion in December 2020, representing a 6.4% increase compared to December 2019. The higher export volumes in farming, fishery, chemical and textile products, mainly explain this growth. Total exports amounted to $4.78 billion in the same month, representing a 3.7% increase compared to December 2019.
According to the Central Reserve Bank, inflation in Peru is expected to remain within the 1% to 3% range both in 2020 and 2021. In addition, Peru’s GDP rate is expected to be between -11.5% and -9.0% in 2020 and between 4.5% and 9.0% in 2021.
21 public and private companies collaborated to ensure the safe arrival of the 300,000 vaccine doses in Peru from China. 700,000 more doses are expected to arrive from the Chinese pharmaceutical company, Sinopharm, this weekend.
The Ministry of Transports and Communication announced it would exceptionally lift formalities part of the approval process of products arriving to Peru, in order to save around 20 days and start vaccinating the population earlier. The electronic equipment accompanying vaccine doses is required to monitor in real-time the temperature, location, movement and storage.