The Institute of Economics and Business Development (IEDEP) of the Lima Chamber of Commerce (CCL) aligned itself with the other institutions and revised downward the growth of the Peruvian economy for 2023, from 2.4% to only 2%. This lower projection is supported by the meager performance of the Domestic Gross Product (GDP) during the first […]
Tag: alex contreras
MEF asks “not to lose hope” despite lower estimates of GDP growth
In line with other international organizations and banking entities, the Ministry of Economy and Finance (MEF) cut its estimate of economic growth for this 2023 from 3.5% to 2.5%, explained by the negative impact that the conflicts have left and social and global phenomena during the first quarter of this year. According to Macroeconomic Projections […]
MEF: “Private investment collapsed in the first quarter as a result of social conflict”
The head of the Ministry of Economy and Finance (MEF), Alex Contreras, affirmed that private investment collapsed in the first quarter of 2023 due to social conflict and the impact of rains and mudslides, during the presentation of the Projection Update Report macroeconomic 2023-2026. In this way it is observed that the investment falls by […]
Government improves PPP budget framework with US$7.5 billion impact on investment projects
Legislative decree will help the growth of private investment at the end of the year and for the period 2024-2026. Dollar price today in Peru: what is the exchange rate for this Wednesday, April 19? How to find out which AFP you are affiliated with and how much money you have saved in your pension […]
Executive will have more than S / 8,232 million additional for economic reactivation
Finally, the Plenary of the Congress of the Republic approved the Bill 4482presented by the Executive Branch, which proposes to approve supplementary credits for more than S/8,232 million to finance higher expenses within the framework of economic reactivation. In the early hours of this Friday, April 14, the initiative presented by the Ministry of Economy […]
Congress delays credit approval to reactivate the country
This Thursday, the plenary session of the Congress of the Republic began the debate on Bill 04482, presented by the Executive, with which S / 8,232 million will be directed to continue pushing the economic reactivation and address the emergency generated by weather phenomena. “The demands for the emergency already exceed S/4,000 million. We are […]
MEF announces transfer of additional S/500 million to address the emergency in Piura
The Minister of Economy and Finance, Alex Contrerasannounced the transfer of an additional S/500 million to address the emergency caused by landslides in the Piura region, in addition to technical assistance mechanisms so that the new subnational governments can expedite remediation works. In dialogue with RPP Noticias, the minister said that the MEF has been […]
MEF redirects S/627 million from different portfolios to attend emergency due to landslides
He Ministry of Economy and Finance (MEF) highlighted the redirection of S/627 million 645,878 in favor of the Contingency Reserve, a measure that seeks to contribute to the local reactivation of markets and attend to the national emergency due to mudslides in our country. In dialogue with RPP Noticias, Minister Alex Contreras said that Supreme […]
Alex Contreras: “The Reconstruction with Changes plan failed”
The head of the Ministry of Economy and Finance (MEF), Alex Contreraspointed out that the Dina Boluarte regime will strengthen the work of prevention in the face of natural phenomena. And it is that, as a result of the destruction generated by these natural phenomena in various regions of the country, Contreras recognized that the […]
MEF: it would not be viable to standardize minimum pensions in the ONP
Last Wednesday, the head of the Ministry of Economy and Finance (MEF), Alex Contrerasrevealed that as part of the reform of the Pension System that the Government is working on, “a minimum pension that equates all public systems” will be established since “there cannot be such heterogeneous and unequal regimes within the State.” The proposal […]