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Tag: GDP

Brazil: economy grew 2.9% in 2023 and exceeds government expectations

Brazil: economy grew 2.9% in 2023 and exceeds government expectations Brazil: economy grew 2.9% in 2023 and exceeds government expectations

The brazilian economy grew by 2.9% in 2023, in the first year of the president’s government Luiz Inácio Lula da Silvathus chaining three consecutive years of expansion, official sources reported this Friday. In the fourth quarter, the gross domestic product (GDP) registered stagnation compared to the third quarter, which represents the worst quarterly data in […]

India registers its fastest growth rate with GDP of 8.4%

India registers its fastest growth rate with GDP of 8.4% India registers its fastest growth rate with GDP of 8.4%

The economy of the India reached its fastest growth rate by registering a GDP of 8.4% in the third quarter (October to December) of fiscal year 2023-2024, driven by strong manufacturing activity and growth in the construction sector. Prices of the gross domestic product (GDP) “show a growth rate of 8.4%” in the third quarter […]

Brazil urges the G20 to act “together” so that the super-rich stop evading taxes

Brazil urges the G20 to act “together” so that the super-rich stop evading taxes Brazil urges the G20 to act “together” so that the super-rich stop evading taxes

The Minister of Finance of BrazilFernando Haddad, urged this Thursday the G20 to act out “together” so that the super-rich stop evading taxes, by creating a global tax on great fortunes, and announced that he will present a proposal to the forum in that regard “Until July”. “Honestly, I wonder how we, Ministers of the […]

Fishing, the hardest hit sector in 2023, will not have a respite this year

Fishing, the hardest hit sector in 2023, will not have a respite this year Fishing, the hardest hit sector in 2023, will not have a respite this year

In 2023, the Peruvian economy fell 0.6%, according to official data from the INEI, and the hardest hit productive sector was fishing, which fell 20%. This activity was affected by climatic phenomena, especially that of the industrial fishery, which is dedicated to the extraction of anchovy and contributes 80% to the fishing GDP. Nine months […]

Peruvian economy falls 0.55% in 2023 and the largest decline in 31 years is confirmed

Peruvian economy falls 0.55% in 2023 and the largest decline in 31 years is confirmed Peruvian economy falls 0.55% in 2023 and the largest decline in 31 years is confirmed

Since 1992 – without taking into account the pandemic – there has not been a decline in national production until 2023, when we closed at -0.55%, confirming the largest drop in 31 years, according to official data from the National Institute of Statistics and Informatics (INEI). Although the distance is great, both years are characterized […]

Businessmen support arrival of Arista to the MEF

Businessmen support arrival of Arista to the MEF Businessmen support arrival of Arista to the MEF

Today the official data on the fall of the GDP Peruvian during 2023 and, poetically, coincides with the first steps of José Arista as Minister of Economy and Finance. Yes you have the technical capacity “(Alex) Contreras had lost credibility. He failed to revive the economy despite all his enthusiasm. Now, we hope that José […]

Alex Contreras could not get the economy back on track: José Arista takes over from him in the MEF

Alex Contreras could not get the economy back on track: José Arista takes over from him in the MEF Alex Contreras could not get the economy back on track: José Arista takes over from him in the MEF

“The plans have worked. Proof of this, the January and February numbers show a vigorous and recovering economy. The idea is that it can be maintained,” said Alex Contreras after his departure from the club was made official. Ministry of Economy and Finance. This time, the numbers are not going to kill the story, but […]

Congress presses for a new withdrawal of 100% of the CTS

Congress presses for a new withdrawal of 100% of the CTS Congress presses for a new withdrawal of 100% of the CTS

The new year brought with it the lock for the free withdrawal of the Compensation for Time of Service (CTS), created in the pandemic for families to face the crisis, and which was extended until December 2023. Once the health catastrophe has passed, since Congress of the Republic is fighting to authorize a new provision. […]

Jesús Salazar: “Accepting to grow 2% in 2024 is accepting that poverty will continue to grow”

Jesús Salazar: “Accepting to grow 2% in 2024 is accepting that poverty will continue to grow” Jesús Salazar: “Accepting to grow 2% in 2024 is accepting that poverty will continue to grow”

The National Society of Industries (SNI) considers that waiting three years to reach the country’s debt ceiling is unfeasible for an economy that needs to be reactivated as soon as possible through an injection of public spending. Its owner, Jesús Salazar Nishi, also hopes for more efficient financial support for microentrepreneurs. -What grade do we […]

Economy advanced in November, but 2023 is lost

Economy advanced in November, but 2023 is lost Economy advanced in November, but 2023 is lost

National production in November 2023 registered an advance of 0.29%, after 6 months of decline, according to the latest report from the INEI. The result was anticipated by the Minister of Economy and Finance, Alex Contreras, who highlighted a couple of days ago that this marks the beginning of the country’s economic recovery. What the […]