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Reducing poverty in Peru
Integrated expert
Harald Moosbrucker
E-Mail: codirector_aleman@fcpa.org.pe
Fondo Contravalor Perú-Alemania


Debt swap and poverty reduction

Peru. Photo: Integrated Expert Harald Mossbrucker.
The context Socially weak population groups are slow to benefit from Peru’s economic growth and the rapid upswing in the country’s economy.
Objective The financial support of local projects and measures in Peru’s coastal and highland regions is to reduce poverty in the country.
CIM assignment As Co-Director of the German-Peruvian Counterpart Fund in Lima, a German CIM expert is responsible for selecting projects that merit promotion and for advisory support during their implementation.
Sound investment of US$ 15 million in five years: this was Volkmar Blum’s assignment as Co-Director of the German-Peruvian Counterpart Fund in early 2003. A total of 300 local projects along the coast and in the highlands of Peru are to receive financial support during this period of time. The goal is to reduce poverty in the country effectively – and to take into account the imperatives of environmental factors and decentralisation. Blum and his Peruvian counterpart decide, by means of competitions and invitations to tender, which projects ought to receive support. “Applications for promotion from especially poor areas, and strategic partnerships involving municipalities and civil society organisations, get a bonus here,” says Blum, who previous to his employment as a CIM expert had worked as a scientist for 20 years. He personally supervises implementation of each individual measure and is there to lend a helping hand and provide advice. Under his leadership, 30 innovative projects to promote democracy have already been completed, with consequent sustainable improvement of planning and implementation capacities in 141 poor municipalities. Modern infrastructure measures are to significantly improve the living conditions of 120,000 poor persons. “It is a great challenge to use the promotion of local measures to contribute to the reconstruction of those parts of Peru that were particularly hard hit by the civil war,” says Blum.