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, […]
Tag: Executive
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 […]
Protests against Dina Boluarte in 2022 caused the bankruptcy of some 5,000 micro-enterprises in Arequipa
The appointment of Dina Boluarte as president of Peru brought with it many protests demanding her departure. These mobilizations caused the bankruptcy of some 5,000 micro-enterprises in Arequipa. As reported by the regional coordinator of Mypes Unit of Peru (MUP) in Arequipa, Abel Dongo, the impact of the social crisis was direct on the economy […]
Joining a pension system would be mandatory from 2025
The Ministry of Economy and Finance (MEF), portfolio that presided over the Multisectoral Commission In charge of carrying out a technical evaluation of the pension system, it made public its proposal to create a new pension system. The initiative is structured around four pillars with the aim of expanding coverage to all Peruvians, as well […]
College of Nutritionists: sale of formulas without octagons is incongruous
The Government of Dina Boluarte has until today to object to the rule that would allow baby formulas and other similar supplements, aimed at vulnerable populations, to be marketed without the presence of octagons. Various public and private institutions are requesting with a single voice that its progress be stopped as they consider it detrimental […]
Ministry of Economy and Finance proposes to unify the public pension system
At the beginning of July of last year, the Government —at that time of Pedro Castillo— created a multisector commission to propose a reform of the pension system. However, until today they have not sent any document that proves his work. “The system in our country fails everywhere (…) It is important to stop throwing […]