After participating in the 2014 Latin American Cities Conferece in Lima on November 21, Mauro Leos spoke with AS/COA Online about the country's macroeconomic future. The Moody's Investor Service vice president and senior credit officer for Latin America noted that Peru's new sovereign rating will hold out for the next few years because of the country's economic growth. Between 2008 and 2013, the average GDP growth stayed above 6 percent, and strong government accounts helped earn the country an "A" rating, with a new group of peers like Malaysia and Poland. According to Leos, the challenges for Peru to improve its portfolio include strengthening the country's institutions and boosting incomes.

Hear Leos' remarks in Lima and view his presentation.

During the Lima conference, participants debated the role of climate change on Peru's economy and the role of the private sector. Leos explained that Moody's does not yet take climate change into account when rating countries, but this could change by the end of the decade.

El Viceministro de Relaciones Exteriores Claudio de la Puente habló con Luisa Leme de AS/COA Online sobre el rol del sector privado en la lucha contra el cambio climático. De la Puente dijo que el sector público está trabajando para crear un marco regulatorio sobre emisiones y el sector privado debe contribuir con ingeniería y tecnología. La entrevista ocurrió en el marco de la conferencia 2014 Latin American Cities Conference en Lima, en el cual viceministro participó con palabras de clausura. 

Vice Minister of Foreign Affairs Claudio de la Puente explained the threat of climate change in Peru, emphasizing its direct impact on economic growth and social conflict. 

Speaker:

• Claudio de la Puente, Vice Minister, Ministry of Foreign Affairs of Peru