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MEF proposes to split and apply discounts to outstanding debts with Sunat

MEF proposes to split and apply discounts to outstanding debts with Sunat MEF proposes to split and apply discounts to outstanding debts with Sunat

As part of the request for economic powers requested from the Congress of the Republic, the Ministry of Economy and Finance (MEF) has proposed applying discounts and installments to outstanding debts that taxpayers have with the Peruvian State. To support its project, the MEF points out that, in March of this year, Sunat raised a […]

Close to S/9,000 million could come out due to withdrawal of CTS

Close to S/9,000 million could come out due to withdrawal of CTS Close to S/9,000 million could come out due to withdrawal of CTS

With 98 votes in favor, 9 against and 1 abstention, yesterday in the Plenary Session of the Congress of the Republic the opinions – previously endorsed in the Economy Commission and the Labor Commission – that will allow for the withdrawal of 100% of the Compensation for the Time of Services (CTS). This rule, valid […]

MEF will increase public spending until 2028 due to low private investment

MEF will increase public spending until 2028 due to low private investment MEF will increase public spending until 2028 due to low private investment

A week after requesting the departure of Carlos Oliva from the presidency of the Fiscal Council – an institution that ensures the transparency of public finances – the Ministry of Economy and Finance (MEF) updated its GDP growth forecast to 3.1% for 2024, but with a strong deficit component that will force it to launch […]

MEF updates the GDP projection in 2024 to 3.1%, but will break the fiscal rules

MEF updates the GDP projection in 2024 to 3.1%, but will break the fiscal rules MEF updates the GDP projection in 2024 to 3.1%, but will break the fiscal rules

The Ministry of Economy and Finance (MEF) updated the growth projection of the Peruvian economy for this year to 3.1%, from the 3% forecast in the Multiannual Macroeconomic Framework 2024-2027, published in August 2023. At the end of the first quarter of 2024, the MEF’s Macroeconomic Projections Update Report (IAPM) attributes this development in GDP […]

MEF considers that the economy is recovering: what are the reasons?

MEF considers that the economy is recovering: what are the reasons? MEF considers that the economy is recovering: what are the reasons?

After recognizing the weakness of the Government, compared to its counterpart, the Congress of the Republic, the head of the Ministry of Economy and Finance (MEF), José Arista, reported, through his account in X, that his portfolio seeks to recover the investor confidence, “which requires the achievement of consensus and joint work.” “The Government promotes […]

LPG subsidy debt exceeds S/1,000 million

LPG subsidy debt exceeds S/1,000 million LPG subsidy debt exceeds S/1,000 million

Due to the increase reported in the last week, the Ministry of Economy and Finance (MEF) proposed extending the permanence of liquefied petroleum gas (LPG) for domestic use in the Fuel Price Stabilization Fund (FEPC). Currently, the measure is in force until June. Minister José Arista revealed that the amount owed by the State to […]

MEF: Reduction in rating attributed to a “weak Government”

MEF: Reduction in rating attributed to a “weak Government” 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 […]

José Arista on Tía María: “The only thing missing is go”

José Arista on Tía María: “The only thing missing is go” José Arista on Tía María: “The only thing missing is go”

Despite the rejection that Tía María – a project near the Tambo Valley – has had, evidenced in the protests of 2009, 2011 and 2015, in which deaths were also recorded, Minister José Arista pointed out that “Tía María is one of the projects that has all the requirements met.” “The only thing missing is […]

Vehicular LPG could return to the Stabilization Fund, announces the MEF

Vehicular LPG could return to the Stabilization Fund, announces the MEF Vehicular LPG could return to the Stabilization Fund, announces the MEF

The Minister of Economy and Finance, José Arista, indicated that liquefied petroleum gas (LPG) could remain in the Fuel Price Stabilization Fund (FEPC), due to the increase reported in the last week. In dialogue with RPP Noticias, the head of the MEF revealed that the current debt that the State maintains with the suppliers of […]

José Arista, from the MEF: “It is a weak Government, without representation in Congress”

José Arista, from the MEF: “It is a weak Government, without representation in Congress” José Arista, from the MEF: “It is a weak Government, without representation in Congress”

The Minister of Economy and Finance, José Arista, explained that the current Government is weak due to the lack of representation in Congress and that, therefore, the political instability has not been able to be reversed. This is in relation to the negative credit rating – made by S&P – which indicated that at Fitch […]

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