Executive observes the law that guarantees absolute return of money from Fonavi

This Friday, the Executive Power observed the autograph of the law that guarantees compliance with the return of money from Fonavi.

Through a document signed by President Pedro Castillo and Premier Aníbal Torres, they argue that the S/ 42,008 million demanded by the Fonavistas is six times more than the S/ 6,694 million that their contributions. This last amount is what they plan to return together with a complementary bond, according to the Minister of Economy, Óscar Graham. So far, the MEF has not presented its counterproposal.

It is worth specifying that the initiative approved in Congress is based on rulings of the Constitutional Court, which determine that those affected must be compensated for both their contributions and those made by their employers. In that sense, the Government ignores S / 36,000 million of private money.

The Executive emphasizes that the amount of resources involved in the return of Fonavi represents 21% of the public sector budget for this year – and will require allocating 35% of ordinary resources -, for which it is unfeasible to program said expense immediately, in addition putting the sustainability of the coming years at risk.

“Beyond how excessively onerous and burdensome it is for public finances to face a payment of such magnitude, it must be specified that the autograph considers, in an unjustified manner, the return of contributions to all Fonavistas, even those who have already benefited from housing, electricity and water. She also understands the discounts made by her employers, including the State and others, ”says the document.