Vice president attacks central bank of Peru

Peruvian Vice President David Waisman criticized a central bank decision to allow pension funds to invest more abroad, saying it hurts the country's economy, Gestion newspaper reported.

Waisman said the central bank's decision to boost the limits and allow pension funds to invest an additional $100 million abroad goes ``against the interests of the country,'' Gestion reported. He said the move will cause an outflow of national savings and lead to more expensive loans.

The central bank allowed the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.