These weeks are key for the approval of the 2024 public budget, a proposal that was submitted at the end of August by the Executive Branch and is currently being discussed by the Congressional Budget Commission. Given this, the head of the Ministry of Economy and Finance (MEF), Alex Contreras, explained how the resources allocated […]
Tag: mef
MEF modifies the price range for sugar, corn, rice and milk powder
The Ministry of Economy and Finance (MEF) updated the reference prices and additional variable duties, established in the Price Band System, for imports of corn, sugar, rice (shelled and milled) and powdered milk. Vice-ministerial resolution No. 020-2023-EF/15.01 establishes that the reference price for the corn It will be US$228 per metric ton (MT), while the […]
Regional governments may use up to 50% of the resources transferred from Foncor
The Peruvian Government made official this Friday the authorization so that regional governments can use up to a maximum of 50% of the resources actually transferred under the Regional Compensation Fund (Foncor), an exceptional measure for fiscal year 2023. The publication of Law 31936, which repeals the final complementary provision the ninety-eighth of Law 29951 […]
MEF asks the business community to put aside “pessimism”
A week after launching the United Plan with the purpose of reactivating public and private investment, the Minister of Economy and Finance, Alex Contreras, participated yesterday in the last day of the CADE Executives 2023, this time, seeking to persuade business leaders local to invest in Peru. The highest authority of the MEF urged the […]
MEF confirms that it will observe the AFP retirement law if it is not limited only to the unemployed
The head of Economy and Finance pointed out that a new fund release puts retirees and the reform of the Pension System at risk. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Thursday, November 16? Banco de la Nación payment schedule: look at […]
MEF: Political instability prevents important reforms in the country
The Minister of Economy and Finance, Alex Contreras, highlighted from CADE Executives 2023 that this instability has generated a very large cost for Peru. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Thursday, November 16? Banco de la Nación payment schedule: look at […]
Peruvian economy grew 0% in the last 12 months
For the fifth consecutive month, the national gross domestic product (GDP) closed in red after registering a drop of 1.29% in September given the lower dynamism of the construction and manufacturing sectors, which had a decline of 9.41% and 9.30%, respectively, these two sectors being the ones that absorb the most labor, according to official […]
Readjustment to agrarian law announced following business request
The agrarian promotion law (Law 27360), created at the end of the Alberto Fujimori as a temporary measure, It was in force until the end of 2020 and was repealed due to social rejectionespecially from agro-export workers who, for years, demanded salary improvements considering the boom and the tax facilities that this norm – also […]
AFP withdrawal: Economy Commission will have the opinion ready in 2 weeks
César Revilla, president of the working group, indicated that next week the president of the BCRP will issue his opinion. After that, the text to be debated will be prepared. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, November 15? Banco de […]
INEI: 7 out of every 10 Peruvians have an informal job
During the third quarter of this year, 17 million 207,200 people were working in the country, which meant a drop of 0.9% compared to the same period in 2022, that is, around 156,800 citizens stopped having jobs between July and Septemberaccording to the Permanent National Employment Survey (EPEN) carried out by the National Institute of […]