The Ministry of Economy and Finance (MEF) will regain its cornerstone position on Petroperú’s decisions, after, the day before, the president of the Council of Ministers, Alberto Otárola, announced an emergency decree that, among other measures, will empower the Fonafe to appoint its board of directors, which will also be completely changed. The decree should […]
Tag: alberto otarola
Fonafe will appoint the new directors of Petroperú, announces the Executive
The president of the Council of Ministers, Alberto Otárola, announced the approval of an emergency decree with extraordinary measures to ensure the supply of fuel and improve the governance of Petroperú. After a meeting at the PCM, the prime minister said that, among these measures, are the provision of some guarantees for working capital, in […]
The Hague ruling began a new stage in the relationship between Peru and Chile
The president of the Council of Ministers, Alberto Otarolapointed out that with the ruling of the International Court of Justice for the maritime delimitation between Peru and Chiliushered in a new stage in bilateral relations. “As we commemorate a decade of this historic ruling, it is important to highlight how the conclusion of this dispute […]
PCM once again puts Petroperú in check against its bondholders
After the rejection of a new support of US$1,150 million, the president of the Council of Ministers, Alberto Otárola, has added a new setback to the financial and corporate recomposition of Petroperú, by announcing a “reform of its board of directors to seek efficiency,” a process which had only been underway since September. One of […]
Alberto Otárola: “Petroperú guarantees the adequate flow so that gasoline does not go up”
The president of the Council of Ministers, Alberto Otárola, asserted that, despite not receiving the economic support he had requested, Petroperú plays a fundamental role as a marker for the reduction of fuel prices in Peru. In an interview with Latina, the premier reported that the state oil company will not receive the requested support […]
Canada wins the third stage of Chavimochic
With a projected investment of US$750 million, Canada was awarded the contract to complete the third stage of the Chavimochic irrigation project, located in La Libertad. The president of the Council of Ministers, Alberto Otárola, specified that the Canadian government’s proposal, to execute the work through the Government to Government (G2G) modality, surpassed that of […]
Refund of Fonavi contributions begins this Thursday the 21st
After 4 years of waiting, the return of contributions from the National Housing Fund (Fonavi) will be resumed, since the regulations that make this process viable were published yesterday. He Executive power reported that payments will begin to be made effective next Thursday, December 21 in the agencies of the Banco de la Nación. Likewise, […]
In 2023, business distrust worsened
The latest survey of macroeconomic expectations from the Central Reserve Bank of Peru (BCRP) reflects that business confidence remains, in most of its indicators, in negative territory. Six perspectives are measured: on the economy, the sector, the situation of your company, product demand, hiring of personnel and investments. If they exceed 50 points, they are […]
Natural disasters will be attacked with S/6,000 million
Congress has until November 30 to approve the Public Budget for fiscal year 2024, and before starting the debate in plenary, the ministers of Dina Boluarte’s administration presented their margins of action for a year that would be marked, once again, by the phenomenon of The boy. In total, the Initial Opening Budget (PIA) for […]
Readjustment to agrarian law announced following business request
The agrarian promotion law (Law 27360), created at the end of the Alberto Fujimori as a temporary measure, It was in force until the end of 2020 and was repealed due to social rejectionespecially from agro-export workers who, for years, demanded salary improvements considering the boom and the tax facilities that this norm – also […]