ASUNCION (Reuters) - Reconstruction efforts in Peru after severe flooding that killed more than 100 people warrant a wider fiscal deficit target, though the country is not planning to access debt markets to finance the deficit, the finance minister said on Saturday.
Reconstruction efforts will cost about $3 billion (2.39 billion pounds) over three years and begin in the second half of 2017, Minister Alfredo Thorne said in Asuncion, the Paraguayan capital, where he was attending an Inter-American Development Bank governors' meeting.