The economy is not and will not be immune to the consequences of the recent scandal in the Public Ministry and the complaint against the Attorney General, Patricia Benavidesfor allegedly leading a criminal organization that played against the interests of some congressmen. Alex ContrerasMinister of Economy and Finance, recognized that the constant political instability has […]
Tag: mef
MEF on the new Industries Law: “It has to be rigorously evaluated”
Minister Alex Contreras pointed out that it is important to “generate tax incentives,” but these must translate into greater investment. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Tuesday, November 28? What is the new S/1 currency launched by the BCRP like and […]
Greater contribution to pensions must be assumed by the employer
Peru is one of the countries with the lowest salary contribution rate in the region and far from the 18.4% OECD average. According to a study on pension systems in Latin America by the Friedrich Ebert Stiftung foundation (FES), Brazil registers a rate of 30%, Uruguay 25% and Argentina 20%. While in these three countries, […]
Government will propose the creation of new special economic zones to attract foreign investment
He Government plans, before the end of the year, to send to Congress a bill for the creation of special economic zones (SEZ) with the aim of attracting investments from the most important technology companies in the world, according to the Minister of Economy and Finance, Alex Contreras. “We want to send a proposal for […]
Fonavi: refund will begin with former contributors who have not received anything to date, advances the MEF
The Minister of Economy and Finance, Alex Contreras, reaffirmed this morning that the return of contributions from the Fonavi It will start next December 14. In addition, he announced that priority will be given to those former contributors who have not made any payments so far. “Those groups of Fonavistas that have not collected anything […]
Alex Contreras: This Monday the expansion of Impulso MyPerú to S/15,000 million would be approved
This Sunday the 26th, the Minister of Economy and Finance, Alex Contrerasannounced that in the next session of the Council of Ministers, scheduled for this Monday, the expansion of the Impulso MyPerú program from S/5,000 to S/15,000 million. This, as part of the recently launched united planof the government. “We are expanding for all sectors, […]
Tax pressure would fall to historic lows of 15%
The Ministry of Economy and Finance (MEF) has estimated that Peru’s tax pressure (ratio between tax revenue and GDP) will fall from 16.8% in 2022 to less than 15% in 2023, due not only to the recession in course, but to multiple bills promoted from the Congresswhich have eclipsed the country’s fiscal accounts. Miryam Yepes, […]
Private investment accumulates five negative quarters
Between July and September of this year, private investment was S/27,722 million, which meant a decline of 6.2% compared to the S/29,567 million disbursed in the same period of 2022, according to the weekly note from the Central Bank of Reserve of Peru (BCRP). In this way, the private investment accumulates five consecutive quarters of […]
Peruvian GDP would grow 3.1% annually between 2024 and 2026, according to the MEF
Minister Alex Contreras points out that this potential variation in the economy “is moderate” Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Thursday, November 23? Banco de la Nación: how to access the MultiRed loan for Christmas and what is the promotional rate? […]
New industries law: MEF estimates fiscal impact of S/32,000 million per year
The Ministry of Economy and Finance (MEF) anticipated that the new industries law would cause, annually, a fiscal blow of more than S/32,000 million, due to exemptions that “would allow industries in cities like Cusco, Puno and Arequipa do not pay taxes”. During the presentation of the report ‘Systematization of tax reform proposals in Peru, […]