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 […]
Tag: Cyclone Yaku
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%
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
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
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
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 MarÃa 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
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 […]
Agricultural exports would have lost almost US$300 million
So far this year, Peruvian agro-exports have lost around US$300 million as a result of the persistent social unrest in the country, and this figure could increase due to Cyclone Yaku, which affects almost 20 regions, and an eventual phenomenon of coastal childaccording to Gabriel Amaro, executive director of the Association of Agricultural Producers Guilds […]
Government plans to return to remote work in the face of heavy rains
The president Dina Boluarte announced this Tuesday that remote work will resume due to the climate emergency due to the rains generated by Cyclone Yaku. “The job remote in State entities with the exceptions of the minimum personnel decided by the holder of the specifications. The private sector is called upon to implement, likewise, remote […]
Ecuador expects Cyclone Yaku to move towards southern Peru and lose strength
The National Institute of Meteorology and Hydrology (Inamhi) of Ecuador predicted that the Cyclone Yakuso called in Peruwill move away in the next few days from the Ecuadorian coasts towards the south of the neighboring country, while it will gradually lose strength. “This system would move towards the south of Peru, with a tendency to […]