MEF will apply “regulatory shock” to unlock private investment

José Arista portfolio foresees that in this 2025, private investment exceeds 4% after growing around 2.4% last year.

The head of the Ministry of Economy and Finance (MEF), José Arista, announced that in the first three months of the year, it will implement a regulatory shock that will imply the reduction of formalities and Permits To accelerate investments.

The official explained that the objective is to consolidate this strength at the regional level and between countries of the Organization for Economic Cooperation and Development (OECD).

“In the first quarter of the year, the government with actions led by the MEFwill lead its efforts to implement a regulatory shock through the Reduction of procedures and permits that make private investment slower and that we have competitiveness and productivity, ”he said.

The head of the sector acknowledged that there is an over -regulation of the economy that makes the development of investment slow, this being notorious, for example, in the Mining sectorwhere, he said, there are projects locked.

In that sense, he explained that the effort to reduce overgrowth will be carried out hand in hand with the private sector, academy and regional and local governments within the National Council of Competitiveness and Formalization that presides over the MEF.

Private investment in 2024 has grown by around 2.4% and is expected that in 2025 it will exceed 4%.

In that sense, he indicated that Peru will also participate in the Prospectors and Developers Association of Canada (PDAC), the biggest Mining Convention of the World and that is carried out in Toronto, Canada, with the aim of continuing to attract private investment.

Source: Larepublica

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