The Congressional Economy Commission has ordered that this Monday, March 25, the debate on the reform of the Peruvian pension system will begin. The ruling that brings together 71 bills, including the Executive’s proposal, puts the future of the pensions of all Peruvians in the hands of Congress. Of the total projects that make up […]
Tag: economy
Inflation will return this year to its pre-COVID-19 level
After 2020, inflation climbed to a peak of 8.46%, its highest level in just over two decades, and only four years after the pandemic is it expected to normalize and close at 2.2%, according to the Bank Central Reserve Bank of Peru (BCRP). What do we call regularized inflation? It is when the Consumer Price […]
Minimum wage: 85% of the increases in 20 years were politicized
Between 2002 and 2023, 11 of the 13 (85%) increases in the minimum vital remuneration (RMV) in Peru “have coincided with electoral periods or periods of low presidential approval”, making it necessary to make the approval of a formula viable. for periodic updating, according to an analysis by the Central Reserve Bank of Peru (BCRP). […]
1.7 million Lima residents work, but earn less than S/800
During the quarter from December (2023) to February, the employed population in metropolitan Lima amounted to 5 million 322,900 people: 6.5% more than the same period prior to the pandemic (when there were 4 million 997,600), according to the National Institute of Statistics and Informatics (INEI). A pandemic later—where, at least For a year, the […]
Eduardo Zegarra: “They use figures to justify benefits that do not favor productivity”
—How do you receive the announcement of recovering some guidelines of the Chlimper law? —The minister’s statements have surprised. In a way, it is not its topic either, since it corresponds to the Midagri and MTPE sectors. Contreras had already announced it before and after that the Government ended up granting an additional exemption for […]
Rebound in the economy would bring GDP to 2.7% in 2024
After in 2023 the economic activity recorded its worst result in 30 years, discounting the pandemic, and contracted by 0.6%, the dissipation of climatic anomalies (in terms of intensity and duration) is leading to improved forecasts for the rebound of the gross domestic product (GDP). for this year. Thus, BBVA Research raised its estimate from […]
Inflation will normalize at most in April
In February of this year, inflation went from 3.03% to 3.3% and, to everyone’s surprise, it moved away from the upper limit of the target range – set between 1% and 3% by the Central Reserve Bank of Peru (BCRP)—. From the issuing entity they assure that the rebound in the Consumer Price Index (CPI) […]
50% of women earn less than S/1,400
For International Women’s Day, which is commemorated every March 8, it is key to notice the labor gaps in Peru. The average income of female workers is S/1,405, about S/468 less than men (S/1,873), according to the National Institute of Statistics and Informatics (INEI). The numbers not only warn that female talent has less presence, […]
Mypes are the key to the inclusion of women in the O.Medio economy
Small independent businesses and access to banking products are the key to promoting the inclusion of women in the economic fabric of middle East and North Africa (MENA), territories where the vast majority of women They live in rural environments that mark their development possibilities. That was one of the main conclusions of the conference […]
Powell insists that the Federal Reserve is close to starting to reduce interest rates
The president of the Federal Reserve, Jerome Powellstated this Thursday that “it won’t be long” for the US central bank to cut rates and assured that the health of the US economy is better than that of any other developed country. Powell, who appeared before a US Senate committee this Thursday, added that when the […]