Yay Peru!

From the Miami Herald: Peru maintains growth despite global recession

While much of Latin America is facing negative economic growth this year, Peru is weathering the world economic recession far better than most of its neighbors.

It is expecting economic growth of 4 percent in 2009, said Luis M. Valdivieso, Peru's ambassador to the United States, at a recent Miami conference.

If it achieves this target, Peru will outstrip all other nations in the region in 2009, according to the most recent projections by the International Monetary Fund. Last year, Peru's economy grew by more than 9.8 percent, beating out other top performers like Panama (8.7 percent), Uruguay (8.2 percent) and Argentina (6.3 percent).

''Peru had the highest annual average growth in Latin America over the last 15 years, averaging 5 percent per year,'' the ambassador added.

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P.S. Is it really June 1st?! Dios Mio.