When asked about the law approved by Congress on the withdrawal of funds from AFP, Minister José Arista announced that the Executive decided not to observe it. As recalled, on April 12, the Legislature decided to approve the seventh withdrawal of the AFPs up to 4 UIT; That is, you can request up to 20,600 […]
Tag: Executive
Port of Chancay: Executive decides to take the longest route to resolve controversy
In November 2023, the National Port Authority (APN), aware of the legal vacuum to give exclusivity to Cosco Shipping of the intermediate services that the Chancay megaport, worked and presented a bill to provide the relevant legal framework. This PL, according to sources close to the project, was sent to the archive by the governing […]
New AFP withdrawal is not a priority for the Economy Commission
Yesterday at the extraordinary session of the Economy Commission of Congress, once again the debate to authorize a seventh withdrawal from private pension funds was suspended. As the fourth point on the agenda, the presentation of the opinion proposed by this working group, led by César Revilla (Popular Force), to modernize the Peruvian system. This […]
Myperú Impulse: credits will be given until June 2024
Within the maneuvers of the Executive Branch to mitigate the impacts of the recession, the expansion of the Impulso state-guaranteed credit program was established. Myperu to S/15,000 million for its fund. In detail, the universe of beneficiaries is expanding, now reaching 334,114 companies. How does it work? Those interested can access a credit of up […]
Brendan Oviedo: “Opening the market to wind and solar energy will lower electricity rates”
The Peruvian electrical system presents some limitations for investment in wind and solar energy. Brendan Oviedo, president of the Peruvian Renewable Energy Association (SPR), took advantage of the Solar Expo 2023 to explain the project promoted by the Executive to modify Law 28832 and balance competition. -How are we in renewables? -In terms of renewables, […]
New industries law: MEF estimates fiscal impact of S/32,000 million per year
The Ministry of Economy and Finance (MEF) anticipated that the new industries law would cause, annually, a fiscal blow of more than S/32,000 million, due to exemptions that “would allow industries in cities like Cusco, Puno and Arequipa do not pay taxes”. During the presentation of the report ‘Systematization of tax reform proposals in Peru, […]
Gerónimo López: “The economic crisis is being generated by Dina Boluarte”
La República, in previous editions, collected the reading of the Executive and the business arm on the future of the economy; Now it’s up to the workers. López does not hold anything back: Dina Boluarte is the one who led us towards productive stagnation and does not lift a finger of business confidence; added to […]
Otárola offers regulatory facilities and flexibility of procedures to CADE businessmen
The president of the Council of Ministers, Alberto Otárola, assured that the Peruvian Government is preparing a list of measures to make procedures more flexible in environmental, archaeological and urban development matters, among others, in order to reactivate the development of private investment in the country. During his participation in CADE 2023, organized in Cusco, […]
MEF: the funds of Impulso MyPerú will be increased to S/5,000 million
Given the complicated panorama due to the slowdown in production, which especially affects mypes, the Minister of Economy and Finance, Alex Contreras, indicated that they will inject more resources for their recovery. The most important announcement was the rise from S/3,000 million to S/5,000 million of the funds in Impulso MyPerú, a program that was […]
They inject more than S/24 million to finance works that make it possible to deal with natural disasters
He Ministry of Economy and Finance (MEF) approved a transfer of items in the Public Sector Budget in favor of a regional government and twenty-six local governments for more than S/ 24 million. Supreme Decree No. 152-2023-EF seeks to finance forty-two interventions prioritized in Act No. 31 of the Multisectoral Commission of the Fund for […]