The Ministry of Economy and Finance (MEF) affirmed that Peru continues to be the country with the second best credit rating in the region, after the rating agency Fitch Ratings kept it at BBB, which corresponds to a grade of investment. However, given the review by the international rating agency of the credit outlook for […]
Tag: FEM
Minister of Economy met with the Board of Directors of the Congress of the Republic
Minister Kurt Burneo held a meeting this Friday the 12th with the president and members of the Board of Directors of the Congress of the Republic, with a view to maintaining fluid and permanent communication with the Legislature, in addition to working together to regain investor confidence. for the benefit of the Peruvian economy. “The […]
ECLAC reduced its estimate of economic growth in Peru to 2.5% in 2022
ECLAC reduced its growth estimate for Peru’s gross domestic product (GDP) for this year from 3% to 2.5%. This is due to inflationary problems, price volatility and the impact of the war in ukraine. For the same reason, the agency lowered its forecast for economic growth from Latin America and the Caribbean from 2.1% to […]
IMF mining reform to inject US$ 1,154 million to the treasury in the next 5 years
A tax reform on mining in Peru could mean an additional collection of between US$ 853 and US$ 1,154 million in the next five years, according to an estimate made by the Tax Justice Group (GJF) based on the report presented recently by the International Monetary Fund (IMF), which recognizes, on the one hand, the […]
Petroperú’s Board of Directors calls a shareholders’ meeting so that MEF gives them “absolute support”
This Monday, the Petroperú board met to accept the resignation of Hugo Chávez Arévalo as general manager and temporarily appoint Jesús Fernando De La Torre as his replacement. However, this was not the only topic discussed at the meeting. According to an important fact reported today by Petroperú to the Superintendence of the Securities Market […]
Petroperú: Jesús Fernando de la Torre replaces Hugo Chávez in the general management
As reported by La República, the Petroperú board entrusted the general management to Jesús Fernando de la Torre, current corporate finance manager of the state oil company and close to the resigning Hugo Chávez Arévalo. De la Torre Tejeda has a degree in Administration from the Universidad del Pacífico, with a Master of Business Administration, […]
Hugo Chávez leaves Petroperú amid questions
“Sir, I am no longer going to give statements, I have already resigned. Petroperu”. A) Yes, Hugo Chavezuntil then general manager of Petroperú, exclusively confirmed to La República his departure from the state oil company minutes before three in the afternoon yesterday. And it is that after days of uncertainty in the first company in […]
Pedro Castillo delays way out of Petroperú’s crisis
Yesterday, at the beginning of the day, President Pedro Castillo received Economy Minister Oscar Graham for almost an hour. According to the record of visits from the presidential office, it was the first meeting that the president had and where he collected information on the financial situation of Petroperú and the scope that the rating […]
MEF defends its privileges and denies support for Petroperú’s management
After the Ministry of Energy and Mines (Minem), in its capacity as president and majority shareholder of the General Meeting of Shareholders of Petroperú, will order the Ministry of Economy to give its full support to the current management of the company, the office led by Oscar Graham rejected the invitation and counterattacked. Strong defense […]
Government seeks to shield the questioned administration of Petroperú
Just like a series or telenovela of those that abound in streaming services, the crisis in Petroperú is just going through its first season; and in the opinion of various analysts, to the extent If measures are not taken to remove the risk in the sustainability of the first company in Peru, the series would […]