The last two decades have been particularly positive for the performance of the Peruvian economy. The economic reforms implemented in the 1990s, along with the persistence in the new free-market economic model and integration into the global economy by successive governments, coupled with a favorable international environment, contributed to unprecedented macroeconomic results in the country: high private investment and economic growth rates, low inflation and exchange rate stability, fiscal strength and reduced public debt, a high level of international reserves, among others.