The Minister of Economy and Finance, Alex Contreras, announced last Monday, January 29, that the Government plans to increase the Selective Consumption Tax (ISC) during 2024. This measure was postponed last year to provide support to companies amid of the complex situation that the country was going through due to the possible arrival of the […]
Tag: alex contreras
Economy advanced in November, but 2023 is lost
National production in November 2023 registered an advance of 0.29%, after 6 months of decline, according to the latest report from the INEI. The result was anticipated by the Minister of Economy and Finance, Alex Contreras, who highlighted a couple of days ago that this marks the beginning of the country’s economic recovery. What the […]
Should the conduct of economic policy be refreshed?
“A management that has not produced results” By Alfredo Thorne, former Minister of Economy What I can say is that it is a management that has not produced results; It is the president and the prime minister who have to evaluate whether Contreras is the most suitable person for the economic recovery that the entire […]
MEF launches new bailout for mypes, but they ask the minister to leave
The Minister of Economy and Finance, Alex Contreras, will have the reactivation of MSEs as his workhorse for this first part of 2024 and offers: flexibility of credits with a state guarantee, a less harmful tax regime and greater public purchases in an offer. However, this package does not convince local microentrepreneurs. In a joint […]
Mypes ask for the departure of Minister Alex Contreras for negligence and “taking the country into recession”
At the national level, the mypes are dissatisfied with Dina Boluarte’s management and demand the replacement of all her ministerial pieces: from Alberto Otárola to the head of the Ministry of Economy and Finance (MEF), Alex Contreras. “First, because his only achievement has been to lead the country into recession. The minister (Alex Contreras) has […]
Executive would resolve a new financial contribution to Petroperú next week
Given the request for capitalization of the state company, the Minister of Economy, Alex Contreras, assured that “they hope to reach a consensus.” Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Wednesday, January 10? What are the 3 labor modifications that will be applied […]
Tax collection closed 2023 with a drop of 12.3%
The decline in the Gross Domestic Product and domestic demand explain the contraction. Congressional laws also dented tax revenues, warns Sunat. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Saturday, January 6? China launches maritime route that will reduce travel time to Latin America: […]
Short-term expectations are negative 33 months ago
The indecision of Minister Alex Contreras to remain in office anticipated that same day the publication of business expectations for December, a month in which hopes of recovery of the economy in the short term rounded off 33 months in negative territory. In detail, business expectations about the Peruvian economy in the next three months […]
Alex Contreras: “Peru’s growth capacity has been significantly reduced”
After the inexorable fall in Peruvian GDP expected in 2023, the Minister of Economy and Finance, Alex Contreras, recognized that potential has been lost. “Peru’s growth capacity has been significantly reduced. The latest estimates speak of a potential growth of around 2%.”he mentioned during the installation of the Renewable Energy Executive Board. Likewise, the official […]
José Távara: “The Government has no clear direction other than power”
When this interview was conducted, José Távara and the writer of these lines were awaiting Boluarte’s decision on the fate of Alex Contreras. Beyond the change in the actions of the Minister of Economy, the academic’s analysis does not lose validity: The Government of Dina Boluarte has a compass foreign to growth for everyone and […]