UPDATE 2-Peru says investment slump could drag 2015 growth below 4 pct

viernes 20 de marzo de 2015 15:44 GYT
 

(Adds finance minister's comments on U.S. interest rate hikes, bond operations)

By Marco Aquino

LIMA, March 20 (Reuters) - Another annual drop in private investment in Peru this year could drag down economic growth in the global minerals exporter to below 4 percent, Finance Minister Alonso Segura said on Friday.

The government of President Ollanta Humala is ramping up spending to encourage a 2015 economic expansion that will top 4 percent, Segura said.

"We're going to be above 4 percent with private investment flat and below 4 percent with negative private investment," Segura said at a business event.

In 2014, private investment slipped 1.6 percent and public investment 3.6 percent, according to the central bank, which cited a slowdown in mining projects and local government contracts. Last year's drop in private investment was the first since 2009.

Segura said private investment will likely rise 1.5 percent this year. "A slight recovery, almost none, but a recovery," he said.

The government expects growth up 4.2 percent in 2015, Segura said, echoing a forecast made by another official in his ministry this month.

"The 4.2 percent forecast has a slight downward bias," Segura said.   Continuación...