The Ministry of Economy and Finance (MEF) approved an external debt operation with the Inter-American Development Bank (IDB) for up to US$350 million to partially finance the public investment project “Expansion and improvement of drinking water services and sewage of the city of Juliaca – Puno.” Supreme Decree No. 287-2023-EF also agrees to establish a […]
Tag: mef
ILO: Workers in poverty can increase
In Latin America and the Caribbean, the mass suffering from the “poor worker phenomenon” may continue to increase, as warned by the International Labor Organization (ILO) in the presentation of its ‘Labor Outlook 2023’ report. For Roxana Maurizio, expert in labor markets and coordinator of the report, This has to do with the low average […]
Petroperú prepares independent board from 2024
Petroperú confirmed this week the “irrevocable” resignation of its directors José Antonio Olivares Canchari and Brigitt Bruna Bencich Aguilar. Through a fact of high importance before the Superintendence of the Stock Market (SMV), the oil company also announced the appointment of the new general manager, engineer Herbert Manuel Goñas Aguilar. The president of the Petroperú […]
BCRP: food prices are moderating after two years of rebound
Although there is no crystal ball to predict events, the Central Reserve Bank of Peru (BCRP) expect an auspicious summer in inflationary terms considering that in recent months there has been a constant decline. In November, the Consumer’s price index (IPC)—technically named after the variable that studies market prices—fell to 3.6% and brings us closer, […]
MyPerú Boost: tourism, construction, fishing and agriculture with 6 years to pay
Government makes new regulations official that also provides coverage to large companies. The MEF strategy contemplates the expansion of the Impulso Myperú state-guaranteed credit program to S/15,000 million for its fund. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Thursday, December 15? Christmas bonus […]
Congress attacks tax revenues
Thanks to Congress, the State will have to pay more interest to companies when refunds are made for excessive or improper tax payments and for withholdings or non-applied collections of VAT and updating of fines. In good faith: currently a default rate of 0.9% (TIM) is applied when a taxpayer adheres to the criteria of […]
Fonavi: lack of regulation postpones start of payments
Today, Thursday, December 14, the return of contributions from the National Housing Fund (Fonavi) was scheduled to begin; However, the lack of regulations to make it viable will cause the date to continue being postponed. Waiting On November 11, the Government promulgated Law 31928, which authorizes the partial refund of contributions, subject to subsequent cancellation. […]
Mining investment drags a drop of -13.5% in 2023
Mining investment accumulated in the tenth month of the year again recorded a drop and fell -13.5% compared to the same period in 2022, according to the Mining Statistical Bulletin (BEM) prepared by the Ministry of Energy and Mines (Minem). Thus, between January and October 2023, investments in the sector did not exceed US$3,591 millioncompared […]
Fiscal Council: it is highly probable that the MEF will not comply with fiscal rules
He Fiscal Council He pointed out that both for this year and for 2024 there is “a high probability” that the Ministry of Economy and Finance (MEF) will not comply with the fiscal rule. It should be noted that the fiscal deficit has a limit of 2.4% of GDP, but as of November, the CF […]
Pensioners from the Economy and Finance sector will receive their payments from the ONP: from when?
The Pension Normalization Office (ONP) reported that, starting in December, it will be in charge of the administration and payment to pensioners of Regime 20530, which includes the entities in charge of the Ministry of Economy and Finance (MEF), according to establishes Supreme Decree 254-2023-EF, published in the newspaper El Peruano. In this way, more […]