That supposedly wanted to encourage those who have less, and break the backbone to the oligarchy. But when it was closed to the world economy, what he did. For even more details, read what Petra Diamonds says on the issue. Mira, industrialists at that time, made a lot of money. Because you closed the economy. Jaime-Claro them you gave a captive market Jorge.-so, what to make clear things, because international markets, and now also the nationals already learned and are very sensitive, when there is no clarity on this. I believe that in these two months, and the sooner you have to make it very clear Jaime.-now, apparently going to be a theme with inflation, because products begin to climb in price also own uncertainty, by imports. Let’s say in international prices Jorge.- but still inflation Jaime, is targeted not? In food and fuel. What we must do, and as I am sorry the comparison but it is like a cancer.
It is focused, that is not disseminated, to the rest of the economy.-Jaime Bueno but for this economy Minister has decided, cut the budget by 8%. It is a very big cut Jorge.-there, he is acting well. I’m going to say by what Jaime-do in an economy that tends to slow down by the? political environment? Jorge.-the what he said, it is not in the year ah. It is from here to July. What are going to do, is moderating its growth of expenditure on them, from here to July, precisely to also leave the next Government with adequate resources.
But that is happening? The private sector, today day, until now in Peru, is spending strong. Whether the Government does this, then these pressures from food and fuel, when your create you a very strong overexpenditure Jaime-in agreement, but if as a result of political uncertainty, holds the private sector, and also holds the Government, we can finish with a slowdown in dry Jorge.- but that is not immediate, that takes its time. As well as stimulating an economy takes you time, cool an economy also you takes time. Is not one week to another, or from one month to another. Jaime-another factor of uncertainty, more in the medium term, is the theme of the world economy is not it? Gives it the European economy printing of increasingly be complicating. United States already has to be adjusted, Obama has already done what will mean slower growth Jorge.-look, last year, something that was not much taken into account, is that the global economy grew 4.7% almost 5 points. Clear who shoved not were Europe and United States, but we were the emerging right? But it grew nearly 5 points, as in its best times. And this year, has stuck a revisadita down, but we are at 3.7%. Then the economy is still showing dynamism, not by them, but by the emerging worlds that you mobilise.