2021 was a challenging year for Peruvian companies, despite this, the country’s economy showed sustained growth, mainly supported by strategic sectors, such as mass consumption and retail (+17.8%), transport and logistics (+17.7%), mining (+7.5%), telecommunications (+7.6%) and banking and insurance (+5.9%), as shown in the technical report on national production presented by the National Institute […]
Tag: economic revival
Jorge Solís: “Financial inclusion must be on the public agenda”
The president of Caja Huancayo, Jorge Solís, explains the environment in which microfinance institutions operate and the impact of the COVID-19 pandemic on the exit of thousands of clients from the financial sector. Hence, he demands to prioritize financial inclusion, but with specific rules and policies. What is the situation of microfinance institutions? The pandemic […]
PAE-Mype: average credit ticket is S/ 18,092
To date, 8,400 entrepreneurs have benefited from state-guaranteed loans through the Business Support Program for Micro and Small Businesses (PAE-Mype)reported the Ministry of Production (Produce). The portfolio also specified that the average ticket of loans delivered is around S/ 18,092, which together is equivalent to an accumulated amount of more than S/ 151 million. Thus, […]
What were the most visited destinations by Latinos during 2021?
With the easing of COVID-19 restrictions and the economic revivaltravelers showed that the desire to go out into the world is still intact and decided to pack their bags again. The doors of the world opened gradually to the joy of travelers who were looking to reconnect with adventure, entertainment, culture and nature, discovering wonderful […]
Business expectations improved in January
In the first Monthly Survey of Macroeconomic Expectations for 2022 carried out by the Central Reserve Bank of Peru (BCRP)the businessmen consulted had a better perspective on the economy compared to December 2021. In this way, all the indicators of expectations at 3 and 12 months showed a recovery compared to the previous month, with […]
Informality settled in 75% of the recovery of Peruvian employment
By Jackeline Cardenas I. Labor informality in Peru persists with 75% since the pandemic began until the third quarter of 2021, estimated the International Labor Organization (ILO). In this regard, the ILO director for Latin America and the Caribbean, Vinicius Pinheiropointed out that in the case of Peru “The starting point to combat informality is […]