Finantial Situation in Peru:

Recently released GDP data revealed the

economy grew at the fastest annual pace
in over four years in the second quarter, largely on the heels of buoyant domestic demand.
Stronger private consumption was supported by rising employment and, on average, improved
consumer confidence, while outstanding business investment growth was buttressed by solid
credit expansion and higher commodity prices. Available data suggests that momentum
carried over to the third quarter: In July, the unemployment rate remained at its lowest level
so far this year, while credit allocated to the private sector continued to grow at a healthy rate,
pointing to continued dynamism in economic activity. On the political front, in response to the
corruption scandal that recently struck the judicial branch, in late July President Vizcarra
proposed to hold a referendum on various political reforms which include barring the private
financing of political campaigns and the reelection of lawmakers. Although approval by the
opposition-controlled Congress is required, this will likely have implications for the upcoming
regional elections in October, however events unfold.
Peru economic Growth
Economic momentum should be maintained in the second half of the year, with full-year
growth expected well above the subdued pace registered in 2017. The recent minimum wage
hike, steady employment gains and moderate inflation should underpin robust household
spending growth. Moreover, investment activity is set to rebound this year, buttressed by
increased flows of credit and low borrowing costs. FocusEconomics panelists see GDP
expanding 3.9% in 2018, up 0.1 percentage points from last month’s forecast, and 3.8% in
2019.

LOTTERIES IN PERU

The Peru Lottery, which is operated by Intralot SA., is an upscale lottery provider that also
operates an innovative game content and sports betting management that is licensed by the
State. Intralot isn’t just an operator, it has the necessary products and services, the experience
in lotteries and sports betting that make it the best operator to provide Peru with Peru
Lottery! Peru lottery is home to many exciting games for lottery lovers and these games
include La Tinka, Ganagol, you bet, Ghana Journal, Kabbalah, Super 3 The Reventón,
Rapitinkas, Rapigana, Kinelo, Click & Win and Virtual Sports.
According to comments The proceeds from the Peru Lottery are diverted to charitable
societies, for a good cause. So far, the Peru lottery has donated over S. 108,000,000 towards
charities. The money is then allocated to social welfare projects for the benefit of the Peru
citizens. According to their site.
The Peru lottery loves its lottery lovers and their mission reflects it. They want to make
everyone’s dreams come true by allowing them to play the lottery with tons of entertainment
and rock hard security, utmost confidence and transparency. As for the vision they mention.
The main objective of the Peru Lottery is to provide a wide variety of entertaining and exciting
games to a wide audience. Apart from that, it has also made it a point to fight against
excessive gambling behavior and requests all its players to play responsibly. According to their
website.
FINANCIAL ECONOMY IN MY FAMILY
We all know that raising a family in this day and age comes with a hefty price tag. With endless
expenditure cropping up here and there, from price hikes, to unexpected spends, it's never
been more important to keep a tight grasp on your finances. My parents, the first thing they
do is pay for the services of the house, then give the necessary money for the month and this
includes food, tickets, etc. My father always pays everything in time for example the university
pays it in full every cycle to avoid that expense, that also did when my brother was studying,
now my brother has already finished his career, my father only has expenses with me and my
mom up while.My brother also works but still does not earn much like my dad but still helps a
little with the expenses of the house. My family is not to spend much, we rarely go out to eat,
we always think about the future, we only travel on vacations and in those small trips we also
try to take care of the expenses since the money is also very necessary because we do not
know when we can Spend some accident or whatever else. Every expense that we were going
to make we always plan it to take into account everything and then not to have unforeseen
events in which we lack some money. My father always say this: Financial literacy is having the
knowledge necessary to manage personal finances efficiently. Financially literate people know
how to achieve long-term goals and make healthy financial decisions.