Tag: alex contreras

Alex Contreras: “To say that we are in a recession is whimsical”

Alex Contreras: “To say that we are in a recession is whimsical” Alex Contreras: “To say that we are in a recession is whimsical”

The official also advanced that they present a special package to specify the reactivation of the mypes. Minimum salary: this is proposed by the Ministry of Labor to regulate future increases Price of the dollar today in Peru: what is the exchange rate for this Thursday, July 20? The head of the Ministry of Economy […]

Agricultural sector collapses and its GDP falls by 20% due to the climate crisis

Agricultural sector collapses and its GDP falls by 20% due to the climate crisis Agricultural sector collapses and its GDP falls by 20% due to the climate crisis

The agricultural sector continues to deal with the devastating consequences of the crisis that it went through during the second half of 2022 and the first months of this year, due to climatic phenomena such as extreme droughts and irregular rainfall. These weather events have caused an unprecedented collapse in this subsector, evidenced by the […]

MEF: “Agricultural GDP fell 20% (in April), the biggest drop since we have records”

MEF: “Agricultural GDP fell 20% (in April), the biggest drop since we have records” MEF: “Agricultural GDP fell 20% (in April), the biggest drop since we have records”

The head of the Ministry of Economy and Finance (MEF), Alex Contreras, stated, during his presentation at the Budget Commission of the Congress of the Republic, that the economy in the second quarter of the year will be affected by two factors: the collapse of the agricultural sector due to climate change, and the absence […]

MEF on the drop in inflation in June: “We have a clear reversal process”

MEF on the drop in inflation in June: “We have a clear reversal process” MEF on the drop in inflation in June: “We have a clear reversal process”

The Minister of Economy and Finance, Alex Contrerassaid he expected inflation to remain low in July, after recording a first drop of 0.15% in June. The head of the MEF assured that this lag in the Consumer Price Index (CPI) from 7.89% in May to 6.46% in June marks the path for an evident “reversal”. […]

Why the Selective Consumption Tax will not rise this year and what products are taxed with this tax?

Why the Selective Consumption Tax will not rise this year and what products are taxed with this tax? Why the Selective Consumption Tax will not rise this year and what products are taxed with this tax?

He Minister of Economy and Finance (MEF), Alex Contreras, ruled out that during this 2023 there is a readjustment of the Selective Consumption Tax (ISC), as planned. Along these lines, he announced that the decision will be postponed until 2024, “depending on the circumstances.” “I think that one year is enough time for companies to […]

Reactiva Peru: the reprogramming of credits will be extended until September

Reactiva Peru: the reprogramming of credits will be extended until September Reactiva Peru: the reprogramming of credits will be extended until September

Shortly after the extension given at the end of last year expires, the MEF will extend this benefit so as not to harm companies. The guarantees of Impulso Myperú were also raised to S/3,000 million. Minimum pension would benefit those who earn the most Price of the dollar today in Peru: what is the exchange […]

MEF: Selective Consumption Tax will not be raised this year

MEF: Selective Consumption Tax will not be raised this year MEF: Selective Consumption Tax will not be raised this year

On the horizon of the El Niño phenomenon, the most prudent thing to do is not to readjust taxes, said Minister Alex Contreras. Minimum pension would benefit those who earn the most Price of the dollar today in Peru: what is the exchange rate for this Tuesday, June 27? The head of the Ministry of […]

MEF expects to reactivate some 140,000 mypes by the end of 2023

MEF expects to reactivate some 140,000 mypes by the end of 2023 MEF expects to reactivate some 140,000 mypes by the end of 2023

The Ministry of Economy and Finance (MEF) hopes to reactivate, through the delivery of loans with state guarantee of the Myperu Impulse Programto some 140,000 micro and small companies towards the end of 2023. The first results would be seen, precisely, “in the second and third quarters”, with the more than S/1,594 million assignments already […]

Impulso MyPerú has disbursed more than S/114 million in credits in favor of 3,765 mypes

Impulso MyPerú has disbursed more than S/114 million in credits in favor of 3,765 mypes Impulso MyPerú has disbursed more than S/114 million in credits in favor of 3,765 mypes

He Ministry of Economy and Finance (MEF) reported that the Development Finance Corporation (Cofide) has disbursed S/ 114.01 million in loans in favor of 3,765 micro and small businesses, as part of the MyPerú Impulse Program. Minister Alex Contreras explained that, to date, the entity has carried out five auctions within the framework of the […]

MEF on alleged cuts to Fine Arts: “The budget has not yet been published”

MEF on alleged cuts to Fine Arts: “The budget has not yet been published” MEF on alleged cuts to Fine Arts: “The budget has not yet been published”

The Minister of Economy and FinanceAlex Contrerasruled out a reduction of between 60% and 70% of the budget allocated to the Higher Schools of Artistic Training in the Multiannual Budget Allocation 2024-2026. The head of the MEF explained that the alleged cuts set forth in Circular Letter No. 009-2023-EF/50.03, announced by the Council of Ministers […]

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