# Peru Fiscal April 2020 - FocusEconomics

> FocusEconomics reports that Peru's government announced a stimulus package worth up to 12% of GDP at the end of March. It is split into three phases of about SOL 30 billion each, with roughly 4% of GDP for cash transfers and early pension withdrawals. Analysts expect a severe contraction but say strong fiscal and monetary buffers should help the economy weather the shock.

- Date: 2020-04-17 · published 2020-04-17T12:00:00.000Z
- Category: policy · region Peru · magnitude low
- Page: https://feedsoft.ai/events/53923-peru-fiscal-april-2020-focuseconomics
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

The package and the expected downturn in domestic demand and exports affect Peru's feed import needs only marginally. The outlook has little direct price implication for feed commodities.

## Sources

- focus-economics.com: https://www.focus-economics.com/countries/peru/news/fiscal/government-unveils-regions-largest-stimulus-package-to-combat-coronavirus/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.