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Republic of Peru

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Republic of Peru
Republic of Peru
Capital: Lima
Currency: Nuevo sol
Major languages: Spanish, Quechua, Aymara
Area: 1,285,220 Kms
Population: 28,302,603
Religion: 90% Roman Catholic
Government: constitutional republic

 INTRODUCTION

Peru is located in western South America, sharing its northwestern border with Ecuador, its northern border with Bolivia, its eastern border with Brazil, and its southeastern border with Bolivia and Chile.
Peru has been lately a raising economy in Latin America here I will give you a little introduction to Peru's relevant information such as history and actual facts.
Peru was the seat of several prominent Andean civilizations, most notably that of the Incas whose empire was captured by the Spanish conquistadors in 1533. Peruvian independence was declared in 1821, and remaining Spanish forces defeated in 1824. President Alberto FUJIMORI's election in 1990 ushered in a decade that saw a dramatic turnaround in the economy and significant progress in curtailing guerrilla activity. In the year 2001 there was a new head of Government Alejandro Toledo the first democratically elected president of Quechua ethnicity. And now for 2006 election there is a new democratic President Alan Garcia who promises to improve social conditions in this country. Peru's rich and varied heritage includes the ancient Incan capital of Cuzco and the lost city of Machu Picchu. The country boasts spectacular scenery, including Lake Titicaca, the world's highest navigable lake. It is rich in copper, silver, lead, zinc, oil and gold.
As economic facts we have than Peru, has a GDP (gross domestic product) of $164.5 billion and a per capita GDP of $5,900 The GDP growth is estimated 6.7%.
Peru's economy is one of the most dynamic in Latin America, showing particularly strong growth over the past three years. During the 1990s, Peru was transformed by market-oriented economic reforms and

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