Peru lifts 2015 deficit forecast on new tax reform

jueves 20 de noviembre de 2014 14:15 GYT
 

LIMA Nov 20 (Reuters) - Peru expects its fiscal deficit in 2015 to be the equivalent of around 2 percent of gross domestic product, a substantial rise from its previous forecast as a result of a new tax reform package, Finance Minister Alonso Segura said on Thursday.

The government had previously forecast a fiscal deficit of 0.4 percent for 2015, compared to a zero deficit this year.

Segura announced late Wednesday that the government would introduce a law to cut corporate and personal taxes as it seeks to revive a slowing economy.

(Reporting by Marco Aquino)