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Tag: Cyclone Yaku

Insurers would disburse more than S/8,000 million in compensation for natural disasters

Insurers would disburse more than S/8,000 million in compensation for natural disasters Insurers would disburse more than S/8,000 million in compensation for natural disasters

The climate crisis is causing loss of life and damage to the country’s infrastructure, which is whye insurance companies could disburse more than S/8,000 million in insurance compensation, according to ENFORCE, a company that advises brokers and policyholders. In addition, this could result in these entities looking more closely at requests for coverage in the […]

Dina Boluarte: “Strikes are not the solution at all”

Dina Boluarte: “Strikes are not the solution at all” Dina Boluarte: “Strikes are not the solution at all”

The president rejects that the Piura authorities exercise the protest in the absence of concrete actions after the climate emergency. Dollar price today in Peru: what is the exchange rate for this Thursday, April 13? What can I do if I receive counterfeit bills from the ATM? This April 18, the municipal authorities of Piura […]

Wineries raise their prices weekly due to inflation

Wineries raise their prices weekly due to inflation Wineries raise their prices weekly due to inflation

More than 200 micro and small business entrepreneurs (MYPE) of the manufacturing (45%), retail trade (30%) and services (25%) sectors have had to raise their prices to face inflation, the political and social crisis of recent months, and the climatic ravages of Cyclone Yaku, reveals the survey carried out within the framework of the first […]

Alex Contreras: “The Reconstruction with Changes plan failed”

Alex Contreras: “The Reconstruction with Changes plan failed” 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: Economy would only have grown 0.5% in the first quarter

MEF: Economy would only have grown 0.5% in the first quarter 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 […]

BCRP reduced GDP growth to 2.6% and private investment would now fall 0.5%

BCRP reduced GDP growth to 2.6% and private investment would now fall 0.5% 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 […]

Cyclone Yaku will limit economic growth

Cyclone Yaku will limit economic growth Cyclone Yaku will limit economic growth

In January of this year, the Peruvian economy intensified its slowdown and fell 1.12% due to the social demonstrations that began since Dina Boluarte came to power, according to the National Institute of Statistics and Informatics (INEI). Given the eventual phenomenon of El Niño Costero that would unleash the passage of Cyclone Yaku through our […]

Government would subsidize the interest rate for mortgage loans

Government would subsidize the interest rate for mortgage loans Government would subsidize the interest rate for mortgage loans

The arrival of Cyclone Yaku has left a total of 27,843 houses affected, 2,148 uninhabitable buildings and 1,521 houses destroyed. In addition, there is a high probability of a El Niño phenomenon In our country. Given this current scenario, the Government has been preparing measures to care for affected families and close the housing deficit […]

Postponement of hotel reservations reaches 50% due to the emergency

Postponement of hotel reservations reaches 50% due to the emergency Postponement of hotel reservations reaches 50% due to the emergency

In recent days, the intense rains produced by Cyclone Yaku have generated alarm in various parts of the country. In the small south, the districts of Ancón, Pucusana, Punta Hermosa, Punta Negra, San Bartolo and Santa María del Mar have been declared in state of emergency for 60 days due to the strong climatic precipitations […]

Lambayeque is the region that lost the most due to rains in the country: amount amounts to S/508 million

Lambayeque is the region that lost the most due to rains in the country: amount amounts to S/508 million Lambayeque is the region that lost the most due to rains in the country: amount amounts to S/508 million

With information from Emmanuel Moreno The Lambayeque region is the one that registers the greatest economic losses at the national level as a consequence of the rainy by the passage of Cyclone Yaku. This was revealed by the Minister of Production, Raul Perez Reyes, who indicated that there is an affectation of S / 508 […]