Tag: María Antonieta Alva

• Friday, October 2nd 2020 - 09:09 UTC

  Consumers' debts threaten the Peruvian banking system

  

  Peru's economy could plummet by more than 20% if unpaid consumer debts continue to mount, a scenario the government hopes to stave off with an emergency plan to reschedule troubled loans with state guarantees, the government said on Thursday.