LIMA, Feb 4 (Reuters) - Peru's fiscal deficit narrowed to 2.9 billion soles ($1.1 billion) in 2010 from 7.3 billion soles a year earlier as stronger economic growth lifted tax revenues while a stimulus program was curbed, the central bank said on Friday.
The result would be equal to about 1 percent of GDP, although final growth figures for 2010 are still pending.
Peru's economy is expected to have surged about 9 percent in 2010, while inflation was mild at around 2 percent.
The central bank has said the Andean country had the combined fastest growth rate and lowest inflation rate in the world last year.
(Reporting by Patricia Velez 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 2011. 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 result would be equal to about 1 percent of GDP, although final growth figures for 2010 are still pending.
Peru's economy is expected to have surged about 9 percent in 2010, while inflation was mild at around 2 percent.
The central bank has said the Andean country had the combined fastest growth rate and lowest inflation rate in the world last year.
(Reporting by Patricia Velez 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 2011. 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.