# Peru infra drive marred by economic slowdown, corruption - BNamericas

> The IMF cut its 2017 growth forecast for Peru to 2.7% from 3.5%, citing a political bribery probe linked to Odebrecht and the worst floods in decades. Several infrastructure projects are on hold while the country works on flood reconstruction.

- Date: 2017-05-27 · published 2017-05-27T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/71270-peru-infra-drive-marred-by-economic-slowdown-corruption-bnamericas
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Weaker Peruvian growth and investment slightly reduce regional feed demand, but the effect on global feed prices is small.

## Sources

- bnamericas.com: https://www.bnamericas.com/en/news/peru-infra-drive-marred-by-economic-slowdown-corruption1

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