A week ago, the Ministry of Energy and Mines published the Supreme Decree project that regulates the rectory and expansion of the deadline for the integral formalization of small mining and artisanal mining. This proposal responds to the mandate of the Executive Branch to regulate the extension of the reinforce for six months and grant […]
Tag: government
Congress will decide if Petroperú returns to Fonafe, announces the MEF
The Ministry of Economy and Finance (MEF) will present a bill that places Petroperú back under the scope of the National Fund for Financing State Business Activity (Fonafe). According to Minister José Arista, the objective of reintegrating the oil company into the holding company currently occupied by state companies such as Córpac, Sedapal or Essalud […]
The French Government details how it will tighten unemployment benefits
The government of France specified this Sunday the details of his promised reform of the subsidy unemploymentwhich will tighten access and duration, and will save 3.6 billion euros per year. The objective, as explained by the Prime Minister, Gabriel Attal, in an interview published today by La Tribune Dimanche, is to encourage some unemployed to […]
A third of Peruvians are poor: is the current economic model enough?
“It has been proven that it does not work for everyone” José Távara, Research Professor at the PUCP The limits of the model that has been applied since the nineties have become evident. It has been 35 years of a model that calls for technically managing economic policy, promoting private investment and expecting GDP to […]
MEF: Reduction in rating attributed to a “weak Government”
One after another. On April 25, Standard & Poor’s Global Ratings lowered Peru’s credit rating, citing political disarray as discouraging investment. Hours later, Fitch Ratings added a negative weight to the outlook due to the high level of political uncertainty and the deterioration of our governance. However, for the Minister of Economy and Finance, José […]
Beer ISC will rise S/0.10 in March and July
Yesterday the Ministry of Economy and Finance (MEF) confirmed that the modification of the selective consumption tax (ISC) for beer will be applied gradually. From the current S/2.31 it will go to S/2.41 in March and S/2.51 in July, that is, it will rise S/0.10 in each section, according to Supreme Decree No. 014-2024-EF. The […]
Bolivian court prevents indefinite re-election of Evo Morales for 2025
The Plurinational Constitutional Court (TCP) of Bolivia decreed, this Friday night, a constitutional ruling in which it indicates that “indefinite reelection does not exist and is not a human right,” Several Bolivian political actors reacted to the measure, especially the former president’s detractors. Evo Morales (2006-2019), who seeks a new re-election for 2025. Disseminated by […]
They warn of “setback” in the protection of forests and glaciers in Milei reforms
The extensive package of reforms promoted by the president of Argentina, Javier Mileiimplies a “recoil” regulations that violate the protection of forests, glaciers and other natural resources, warn environmental organizations. Milei, who assumed the Argentine Presidency on December 10 and who during the campaign stated that the climate crisis is a phenomenon “cyclical regardless of […]
Ukraine increases its national arms production to reduce dependence
Given the uncertainty about future deliveries of ammunition and armament by foreign partners, Ukraine seeks to increase its own national production, with notable progress reported in 2023, although dependence is likely to continue. The $250 million military aid package announced by the United States on Wednesday includes a wide range of ammunition, needed to “help […]
France: Eiffel Tower closed due to union strike against the government
The Eiffel Towerone of the world’s largest tourist attractions, was closed on Wednesday for a staff strikeindicated the operator of the monument. The strike, called on the centenary of the death of engineer Gustave Eiffel, the tower’s builder, is a protest against “the current management”, according to a statement from the CGT union. The tower […]