Wall Street Vet Turned Peru Leader Pushes Credit Revolution
- Fresh from China visit, former banker is in NY for UN meeting
- Says Peru has ‘less baggage’ than Argentina and Brazil
Peru's Kuczynski: We Have to Take Advantage of Rates Now
This article is for subscribers only.
Seven weeks after assuming office, Peru’s President Pedro Pablo Kuczynski is trying to lure investors by touting an economic agenda of boosting credit, repairing inefficiencies and reducing the nation’s reliance on copper.
The president, a 77-year-old Wall Street veteran and former finance minister, is making his first official visit to the U.S. this week. He is pitching Peru as a land of opportunity, contrasting it with neighboring Brazil, which is suffering its worst recession in a century, Argentina, regaining slowly from years of economic malaise, and Chile, facing a faltering recovery.