Although Latin America and the Caribbean poverty and extreme poverty fell to pre-pandemic levels, 181 million people lack sufficient resources to cover their basic needs, the ECLAC. The Economic Commission for Latin America indicated in its report “Social Panorama of Latin America and the Caribbean 2023” that the growth rate of the Gross Domestic Product […]
Tag: GDP
Hunger worsened in 10 regions due to political crisis and fall in GDP
The pandemic shook the foundations of society and it is now that Peru has one more problem to face: the fight against hunger. According to the last Global Hunger Indexcarried out by Alliance 2015, in ten regions of our country hunger worsened due to inflation and the economic slowdown seen in 2022. Although the average […]
Business confidence at its lowest level in 2023: close to 50% do not plan to increase their investments
Given the deterioration of the Peruvian economy, the Business Confidence Index reached its lowest level in 2023 with a score of 94 points at the end of the third quarter, that is, 15 points less than three months ago. According to Vistage, the one in charge of carrying out the survey, the current result is […]
Factoring would negotiate more than S/35,000 million in 2023
He factoringa mechanism that allows companies to obtain liquidity by transferring the collection of their invoice to credit, will set a new record in 2023 and will close the year with more than S/35,000 million in negotiated amountsfrom an initial bet of S/32,000 million planned by the Ministry of Production (Produce). During the III National […]
OECD countries maintain GDP growth of 0.5% in the third quarter
The gross domestic product in all the countries of the OECD rose 0.5% in the third quarter of the year, maintaining the same growth as in the second, thanks mainly to USAthe organization announced this Tuesday. In addition, second quarter growth was revised from the previously announced 0.4% to 0.5%, the Organization for Economic Co-operation […]
SNI proposes 30 years of exemptions for new industries
In Congress, a new industry law is being cooked up that, for 20 or 30 years, will grant tax incentives to 8 strategic sectors to promote decentralization and industrial diversification in Peru, under the promise of achieving a GDP per capita close to US$20,000 by 2050. At a meeting organized by SNI Last Monday, more […]
IMF: Trade exchange in Latin American and Caribbean countries reaches only 47% of their GDP
The International Monetary Fund (IMF) projected that most Latin American and Caribbean countries are not “taking advantage of the full potential of international trade,” considered by the organization as an important engine of growth in emerging markets. In a recent report, the IMF assures that although the region has made some progress in terms of […]
Julio Velarde: GDP growth is key to reducing poverty
The numbers overturned the story of Dina Boluarte’s Government: in September the GDP fell 1.29% and accumulated three consecutive months in the red and, in year-on-year terms, it was anchored at 0%, which bodes well for several consulting firms and financial entities that 2023 closes in negative. This freezing of national production – labeled by […]
Peruvian economy grew 0% in the last 12 months
For the fifth consecutive month, the national gross domestic product (GDP) closed in red after registering a drop of 1.29% in September given the lower dynamism of the construction and manufacturing sectors, which had a decline of 9.41% and 9.30%, respectively, these two sectors being the ones that absorb the most labor, according to official […]
The economic shine of the Baltic “star” Estonia is fading
The economy of Estoniawhich was “star” Among the three Baltic countries and a leader in innovation, it is finding it difficult to avoid the current recession and experts consulted by EFE also warn of a drop in the country’s potential that would allow its immediate recovery. In addition to recording higher growth and better wages, […]
