Peru cenbank sees $666 million trade gap this year instead of surplus
LIMA, Sept 20
LIMA, Sept 20 (Reuters) - Peru's central bank slashed its official view of this year's trade balance to a $666 million deficit from its previous forecast of a $675 million surplus, according to a quarterly report published on Friday.
The bank also changed its forecast for this year's fiscal surplus to 0.4 percent of gross domestic product (GDP), from its June estimate of 0.7 percent.
It also now sees a wider current account deficit - 4.9 percent of GDP instead of 4.4 percent.
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.