The Central Reserve Bank of Peru (BCRP) estimates that the economy will end this year at 3.1%, and this journey—which has an upward bias—seems auspicious. The Ministry of Economy and Finance (MEF) shares this projection. In May alone, GDP is believed to have grown by around 5%, driven by the strong recovery of the primary […]
Tag: Economic recovery
Delivery of food and financing to mypes: the measures that the Government has taken to reactivate the economy
In an effort to boost the economy after the crisis, the Government has announced a set of measures. Discover how these actions seek to stimulate investment and economic growth. Join the La República WhatsApp channel Price of the dollar in Peru today: what is the exchange rate for this Tuesday, February 27? ONP, March 2024: […]
Looking ahead to 2024, how will China improve the lives of its population?
The definitive objective of China is to offer a better life to the people, declared Chinese President Xi Jinping during his New Year speech delivered on Sunday in Beijing to welcome 2024. “Our children must be well cared for and receive a quality education. Our young people must have the opportunity to develop their careers […]
CADE 2023: they question the silence of Dina Boluarte in the face of the deterioration of GDP
According to former Minister of Economy Waldo Mendoza, we are experiencing a “power vacuum” and, given Boluarte’s absenteeism, it is up to the business community to guide the country. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Tuesday, November 14? Banco de la […]
They propose tax benefits for new microbusinesses
Congressman Idelso Manuel García, from Alianza para el Progreso, has presented the bill to grant tax facilities to micro and small businesses that have just begun to operate, in such a way that they can face the context of economic uncertainty, as well as encourage formalization. Bill 6219, Law that establishes tax facilities for small […]
Government transfers S/41.9 million in favor of regional governments and their reactivation
Through Supreme Decree No. 225-2023-EF, The transfer of up to S/41 million 913,794 was authorized in favor of various local governments, to finance the execution of 31 investment projects, charged to the resources incorporated into the Contingency Reserve of Law No. 31728, Law that approves supplementary credits for the financing of higher expenses within the […]
Advisor to the Central Bank of China proposes structural reforms to revive the economy
China has limited room for further easing of monetary policy and should undertake structural reforms, such as encouraging entrepreneurs, instead of relying on macroeconomic policies to revive growtha central bank advisor said on Sunday, according to a Reuters report. Liu Shijin, a member of the monetary policy committee at the People’s Bank of China (PBOC), […]
Spending of national tourists rose S/150 in the last 5 years
Although the arrival of foreign tourists to Peru is very important, since each visitor spends an average of US$1,025 —in the first quarter— during their stay, according to Comex Perunational travelers are key to the reactivation of this sector after the pandemic, since they take about a month to plan their trips. “Now there are […]
Gamarra: negligence of the Government slows production capacity to 50%
Gamarra used to move S/6,600 million a year. The pandemic arrived four years ago and they have not been able to recover to date: production levels have been reduced by 50% and now they invoice a little more than S/3,000 million. Susana Saldanapresident of the Gamarra Peru Associationregrets that in almost half a year of […]
Grilled Chicken Day: sales would double
This July 16th is the Grilled Chicken Day, a date that recognizes one of the most famous dishes of Peruvian food. In this sense, it is also an opportunity for many entrepreneurs in the poultry industry, who hope to promote and achieve the highest number of sales on this key Sunday, which registers greater demand […]