January 11, 2018 / 9:10 PM / 5 months ago

Peru fiscal deficit widens to 3.2 pct of GDP in 2017 -central bank

LIMA, Jan 11 (Reuters) - Peru logged a fiscal deficit equal to 3.2 percent of gross domestic product in 2017, wider than the government’s 3 percent target and the 2.6 percent deficit registered in 2016, the central bank said on Thursday.

A drop in government revenues made up 0.5 percentage point of last year’s deficit, followed by increased government spending, which contributed 0.2 point to the shortfall, the central bank said in a statement. (Reporting By Mitra Taj, Editing by Rosalba O’Brien)

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