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Virus-hit Peru GDP plummets 40 percent


Before March, the Andean country registered 127 months of consecutive growth. Despite a lockdown in place since March 16, Peru is the second worst-hit country in Latin America after Brazil, with nearly 230,000 cases and almost 7,000 deaths from COVID-19. The centrist government of President Martin Vizcarra rolled out a series of economic measures including an aid package to more than 6.5 million homes. However, Vizcarra was later forced to extend the current quarantine until June 30, making Peru's one of the world's longest lockdowns.

The Jakarta Post - June 16, 2020

View the full story here: https://www.thejakartapost.com/news/2020/06/16/virus-hit-peru-gdp-plummets-40-percent.html