The industrial fishing sector has been facing its worst crisis in the last 25 years, due to climatic anomalies. In this context, Eduardo Ferreyros, president of the SNP, tells us about the perspectives of the sector, as well as the union’s position regarding the independence of Imarpe. -Do you share the request that the second […]
Tag: GDP
Government will not apply new taxes to mining companies
In a year where private investment in mining is expected to fall 18%, the Government of Dina Boluarte is playing its cards to keep business interest afloat – whose expectations have remained in negative territory for two and a half years – and they guaranteed that no They will violate the current tax collection scheme […]
US GDP grows 2.1% and increases unemployment benefit applications
The American economy maintained a fairly strong pace of growth in the second quarter, the Government confirmed on Thursday, and appears to have gained momentum in the current quarter amid a working market resistant. The Gross Domestic Product (GDP) increased at an unrevised annualized rate of 2.1% last quarter, the Commerce Department reported Thursday in […]
OECD reduced Peru’s GDP growth expectation to 1.1% for 2023
The Organization for Economic Cooperation and Development (OECD) revised downwards its estimate of Peru’s economic growth from 1.7% to 1.1% by the end of 2023. This adjustment is due to political uncertainty, Extreme weather events and high interest and inflation rates have been limiting private consumption and investment. “Regarding the development of Peru, we are […]
Non-working days in Peru increased 25% in 2 years
In the last two years, non-working days in the country have increased by 25%, as they increased from 12 to 16 holidays. In this way, formal workers enjoy 30 days of vacation and 16 holidays, which makes us the country with the most paid days off compared to the OECD and Pacific Alliance countries, despite […]
Mining revenue fell 43.6% so far this year
In a year where the weakest economic growth in two decades is expected – not counting the pandemic – and with little room for public spending, tax collection from economic activities continues to fall. At the end of August, the total of tax revenue fell 11.7%registering the most pronounced fall in mining and hydrocarbons (-43.4%), […]
Luis Arias: “The Government (of Dina Boluarte) has no economic direction”
Given the deterioration of economic growth projections due to El Niño and the protests, in a year in which business confidence continues to fail, and with it investments, Arias Minaya reviews the management Boluarte To address these problems, and concludes that it does not have a clear horizon. — Three years after the pandemic, the […]
OECD: Spain needs more labor flexibility, among other reforms, to grow more
The Spanish economy, although it is performing better than that of its European partners, is going to slow down next year and to increase its growth in the medium and long term the OECD recommends applying structural reforms, such as giving more flexibility to the working market. The chief economist of the Organization for Economic […]
MEF: Business confidence will sustain GDP growth
Despite the drop in economic activity of 1.29% in July – with which the GDP accumulates a decline of -0.58% in the first seven months of the year – the Ministry of Economy and Finance (MEF) reaffirms in which the economy will rebound in the second semester and maintains its growth forecast of 1.1% for […]
MEF insists that there will be a recovery of the economy in the third and fourth quarters
This Monday, September 18, the head of the Ministry of Economy and Finance (MEF), Alex Contreras, pointed out that although the economy registered a GDP of -1.29% in July, the second largest drop of the year, It still considers that there will be a recovery in the third and fourth quarters of 2023. He stated […]
