At the beginning of July of last year, the Government —at that time of Pedro Castillo— created a multisector commission to propose a reform of the pension system. However, until today they have not sent any document that proves his work. “The system in our country fails everywhere (…) It is important to stop throwing […]
Tag: alex contreras
The Peruvian economy will stagnate at 3% until 2028, warns the IMF
He International Monetary Fund (IMF) highlighted the economic qualities of Peru that place it as one of the most solid markets in the region, they recalled from the Ministry of Economy and Finance (MEF). Through the Article IV Consultation, the IMF details that the main characteristics of the Peruvian economy are its low public debt, […]
MEF: Economy would only have grown 0.5% in the first quarter
2023, to date, has been a year of great challenges for the Peruvian economy due to social conflicts and natural disasters. This scenario has changed the growth expectations for the country managed by the Ministry of Economy and Finance (MEF) for the first months of this year, according to the head of said portfolio, Alex […]
Budget Committee will vote on Wednesday MEF supplementary appropriations project
The head of the Ministry of Economy and Finance (MEF), Alex Contrerassupported this Monday, March 27, before the Congressional Budget Commission, the PBill of Law No. 4482/2022-PE, which proposes the approval of supplementary credits in favor of the MEF Contingency Reserve for S/8,232 million for the reactivation of the family, regional and sectoral economy, after […]
BCRP reduced GDP growth to 2.6% and private investment would now fall 0.5%
Due to the economic impact of the protests and the intense rains caused by Cyclone Yaku, the Central Reserve Bank of Peru (BCRP) revised downward its macroeconomic projections for 2023. Thus, the monetary entity reduced from 2.9% to 2.6% the growth of the Gross Domestic Product (GDP) for the current year. This expected lower dynamism […]
Impulso Myperú: Government approved guarantee to grant credits to mypes
The head of the Ministry of Economy and Finance (MEF), Alex Contreras, announced that the Council of Ministers approved this Wednesday, March 22, the supreme decree that allows the guarantee of the S/2,000 million of the Impulso Myperú program, which seeks to give loans with low interest rates to micro and small businesses (mypes). “It […]
Fonavi: Ad hoc Commission has more than S/2,000 million to initiate return of contributions
The Chairman of the Budget Committee of the Congress of the republicJosé Luna Gálvez, pointed out that the ad hoc commission, in charge of making effective the return of the contributions of the National Housing Fund (Fonavi), has more than S / 2,000 million, which should be destined for the payment to the fonavistas. The […]
MEF evaluates subsidizing the mortgage loans of families living in ravines
The Minister of Economy and Finance, Alex Contrerasreported that the Peruvian Government is considering subsidizing the interest rates applied to families located in ravines and emergency areas, so that they can access mortgage loans in safe areas of the city. In a dialogue with TV Peru, the head of the MEF maintained that this and […]
Leasing Bond: Government formalizes subsidy of S/500 for victims of Cieneguilla
The Peruvian Government formalized the second call for the granting of the subsidy of S/500 from Housing Lease Bond for Emergencies in response to the State of Emergencydeclared by Supreme Decree No. 035-2023-PCM before the mudslides that hit the country. Through ministerial resolution No. 108-2023-VIVIENDA, the Ministry of Housing, Construction and Sanitation (MVCS) established the […]
MEF: El Niño phenomenon would have an impact of up to 2% on GDP
The head of the Ministry of Economy and Finance, Alex Contreras, specified that the Cyclone Yaku, the intense rains and landslides that have affected the north and center of the country will not have a great impact on the economy, the same as it will be “moderate.” However, he stated that, if there was a […]