By Mauro Nogarin Although the political situation in the Peru is complicated after the removal of President Martin Vizcarra, the World Bank improved economic growth for this year to 8.1%. This trend confirms that the political uncertainty of the last two years was an obstacle to economic growth that generated a considerable reduction in the execution of public works.
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Country Report: The Cement Industry in Honduras Recovers Slowly
By Mauro Nogarin According to data from the Central Bank of Honduras (BCH), the Honduran economy contracted by 8.5% in 2020 due to the impact of the health crisis caused by the pandemic and the effects of tropical storms Eta and Iota.
Read MoreCountry Report: Colombia
By Mauro Nogarin Political stability and good coordination between the different ministries of the current Colombian government played a fundamental role in facing the impact of COVID-19. For this reason, the production of the cement industry was able to respond quickly to the demand of the domestic market.
Read MoreCountry Report: Uruguay
By Mauro Nogarin According to the information published in the new report by the Central Bank of Uruguay (BCU), in the second quarter of 2020, economic activity showed a very significant deterioration, registering a fall of 10.6% compared to the same period of 2019. This data constitutes the largest drop in quarterly national GDP since 1997.
Read MoreCountry Report: Cement Industry in Brazil During COVID-19
Since The Beginning Of August The Government Has Been Analyzing The Possibility Of Tax Reform To Help The Construction Sector. By Mauro Nogarin
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