LIMA, Aug 27 (Reuters) - Peru posted on Friday a public sector fiscal surplus for the first half of 2010 equal to 2.4 percent of gross domestic product, a result that was much higher than expected because of tax revenues that are surging on an economic boom.
The finance ministry's fiscal goal for this year is to post a fiscal deficit of about 1.6 percent of GDP.
Meanwhile, the current account deficit for the first half of the year widened to a deficit of 1.1 percent from a deficit of 0.5 percent in the same period a year ago. The deficit has widened as imports have risen sharply on strong domestic demand.
(Reporting by Marco Aquino and Terry Wade)
((terry.wade@reuters.com; +51 1 221 2130; Reuters Messaging: terry.wade.reuters.com@reuters.net)) Keywords: PERU ECONOMY/FISCAL (For help: Click 'Contact Us' in your desk top, click here or call 1-800-738-8377 for Reuters Products and 1-888-463-3383 for Thomson products; For client training: training.americas@thomsonreuters.com ; +1 646-223-5546) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The finance ministry's fiscal goal for this year is to post a fiscal deficit of about 1.6 percent of GDP.
Meanwhile, the current account deficit for the first half of the year widened to a deficit of 1.1 percent from a deficit of 0.5 percent in the same period a year ago. The deficit has widened as imports have risen sharply on strong domestic demand.
(Reporting by Marco Aquino and Terry Wade)
((terry.wade@reuters.com; +51 1 221 2130; Reuters Messaging: terry.wade.reuters.com@reuters.net)) Keywords: PERU ECONOMY/FISCAL (For help: Click 'Contact Us' in your desk top, click here or call 1-800-738-8377 for Reuters Products and 1-888-463-3383 for Thomson products; For client training: training.americas@thomsonreuters.com ; +1 646-223-5546) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.