Reflections on the investment climate in Peru during the "Perspectives 2025" forum.

During the forum "Perspectives 2025," organized by the magazine Gestión, Elmer Cuba, a recognized specialist in economics and a partner at Macroconsult, presented a compelling reflection on the investment climate in Peru. In a context where macroeconomics seems to show signs of improvement with projected growth in Gross Domestic Product (GDP) and a reduction in inflation, Cuba warned that these indicators are not sufficient to stimulate an increase in private investments. According to his statements, the growth of private investment this year is expected to be null, and for next year, a modest increase of 3% is estimated. Cuba explained that, despite the economic rebound the country is experiencing, many sectors are trapped by public management issues that hinder development. "Companies operate in specific localities, where they must deal with low state quality. For the investment climate to change, it is essential to choose our political representatives wisely, such as congress members and presidents, to carry out a comprehensive reform of the State," he argued. The event, which brought together various experts and leaders to discuss economic projections for the near future, also featured prominent figures such as José Arista, Minister of Economy and Finance, and Raúl Pérez Reyes, Minister of Transport and Communications. The diversity of participants suggests that the forum aims to cover a wide range of issues affecting Peru's economic growth. In the framework of the discussion, not only macroeconomic aspects were presented, but specific sectors such as energy and mining were also addressed, where Cuba's comments resonated strongly. Mehdi Ben Maalla, CEO of Engie Energía Perú, and Victor Gobitz, president of the National Society of Mining, also shared their views on the challenges and opportunities facing the country in these strategic sectors. The "Perspectives 2025" forum is not only a platform for sharing economic analysis; it is also a space for decision-making and strategic planning. In this regard, Juan Pedro Oeschle, CEO of Santander Perú, and other leaders from the financial sector offered an analysis of investment trends and the expected consumption profile in the coming years. The projections were framed by the political uncertainty that, according to Cuba, remains a determining factor in the investment climate. Cuba emphasized that, while macroeconomics is a crucial aspect for development, it cannot be the only focus. He highlighted the importance of aligning public policies with the needs of the private sector and establishing mechanisms that promote a more favorable environment for investment. The reactivation of the "Perspectives" event is an attempt to revive a tradition that had been interrupted by the COVID-19 health crisis. This initiative aims to revitalize the dialogue between the public and private sectors, as well as to provide a space to discuss best practices and strategies for the sustained growth of the Peruvian economy. Attendees at the forum not only listened to experts but also participated in discussion tables that addressed various topics, from tourism infrastructure to analyzing the consumption profile for 2025. This comprehensive approach is essential for understanding the interrelationships that exist between different sectors and how each can contribute to the country's growth. Finally, Cuba's conclusion resonates beyond the figures and projections: for Peru to advance in attracting investments, a deep transformation in public management is required. This involves a collective commitment to elect the right leaders and establish a regulatory framework that fosters trust and legal security, essential elements for attracting both national and foreign investments. The vision for the future is clear: a better-managed and more efficient Peru is key to unlocking its true economic potential.