Latin America: Destination Peru

Lima will host the 2015 World Bank-IMF meetings. But will the country’s moment in the sun be blighted by the dark clouds of an economic slowdown?

Julio Velarde, governor of the central bank of Peru
“We have too many companies that owe their debt in dollars – that is a concern. Most of the household debt is now in domestic currency, but many corporates saw the historical low rates of dollars and they thought that markets sometimes just go in one direction”

Julio Velarde,
Central Bank of Peru

The World Bank-IMF meetings will be held in Lima in 2015. The annual event will make its first return to Latin America after an absence of 48 years.

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