The Ministry of Housing, Construction and Sanitation (MVCS) will transfer more than 7 million soles to two companies that provide sanitation services (EPS) in the regions of Ica and Cajamarca to finance three water and sanitation works that will benefit the population of these departments. In detail, 6 million 734 thousand 525 soles will be […]
Tag: Investment
SNI on the cabinet: “Now we are going to see some (economic) strategy”
After defining the vote of confidence in the cabinet chaired by Mirtha Vásquez, in an adjusted manner in Congress, the president of the National Society of Industries (SNI), Ricardo Márquez, maintains that we are now facing a new political reality to continue on the path of recovery, facing the third year of the pandemic. How […]
MTC: investment in infrastructure rises to S / 1,102 million at the national level until October
The Ministry of Transport and Communications (MTC) announced that the investments During 2021 in the sector they totaled 1,102 million soles, an amount that exceeds by 32.2% what was executed during the same period in 2020. Only during October, execution of the assigned budget of the sector amounts to 1,484 million soles, which represents the […]
BCRP: Mining investment would grow more than 8% in 2022, only for projects that are already underway
Mining investment in Peru by 2022 would grow by more than 8% for projects that are already underway, according to the president of the Central Reserve Bank of Peru, Julio Velarde. The director of the monetary entity also specified that for next year there would be no growth in private investment in the country. “For […]
Projects for 871 million dollars would be awarded in the last quarter of this year
The president of the Council of Ministers, Mirtha Vásquez, announced that in order to promote private investments, it is expected that during the last quarter of this year, projects of Public Private Associations (PPPs) and Active Projects for 871 million dollars will be awarded. . These include the wastewater treatment plant in Puerto Maldonado and […]
Inflation would return to the target range in 2022
Although this year annual inflation in Peru would be temporarily above the target range of the Central Reserve Bank of Peru (BCRP) –which is 1% and 3% -, this indicator is expected to recede and return to this range in the second half of 2022, according to the Peru Situation Report of the BBVA Research. […]
Colombia tests debt market after losing investment grade
Updated on 10/15/2021 04:10 am Colombia went to international markets for the first time since losing its investment grade. The nation is selling more of its dollar bonds due in 2049, with an initial price guide of about 5.4%, according to a person familiar with the matter, who asked not to be identified because he […]