After in the first and second quarters of this year the Peruvian economy has registered falls of 0.4 and 0.5%, respectively; Everything indicates that in the third quarter there would also be a contraction of the Gross Domestic Product (GDP), as indicated by the Central Reserve Bank of Peru (BCRP). “With recent information, possibly in […]
Tag: mef
Fonavi: what is known about the return of contributions and who will be the first beneficiaries?
In October of this year, with 94 votes in favor, the full Congress approved the opinion that would make it possible to return contributions to the Fonavi. The autograph was sent to Executive powerwho will have until next November 13 to promulgate it and make viable the start of refunding money to 1.2 million people. […]
Government aims to unblock US$46,657 million from mining
Faced with the inevitable freezing of the Peruvian GDP to the detriment of the population – hit for a long time by the inflation and loss of purchasing power–, the Government of Dina Boluarte launched the Unidos plan, a program that seeks to reactivate the economy by injecting resources to the productive sectors and modifying […]
Impulso Myperú will give loans for up to S/10 million to businesses
With the aim of mitigating the impact of an upcoming phenomenon of The boythe Ministry of Economy and Finance (MEF) announced that the financing of the Impulso Myperú Program will be tripled from S/5,000 to S/15,000 million. In accordance with Alex Conterasholder of the portfolio, this amount is similar to what was allocated at the […]
Executive prepares simplifying shock to accelerate private investment
Procedures and licenses will be optimized since “Peru has the luxury of stopping investments that can generate employment,” according to the Minister of Economy, Alex Contreras. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, November 8? These are the 3 bonds that […]
BCRP would resume cuts in its reference rate today
The Board of Directors of the Central Reserve Bank of Peru (BCRP) will decide today if they continue to cut the interest rate or if they keep it at 7.25%. Although, according to the consensus of specialized entities, they would subtract 25 basis points, placing it again at 7.0%: a ratio not seen since October […]
61,000 members of the ONP and AFP could go to Pension 65
The proposal to reform the new Peruvian pension system presented by the Executive is based on four pillars that complement each other: contributory, voluntary, semi-contributory and non-contributory, the latter being directed towards low-income citizens who cannot save to achieve a pension. pension. “In the non-contributory pillar are people who cannot save for a pension, who […]
AFP Retirement 2023: when will the debate in Congress restart and what is missing for it to be approved?
The Congressional Commission on Economy, Banking, Finance and Financial Intelligence has been meeting every Wednesday to address the reform of the pension system and the bills that seek to authorize a seventh withdrawal of funds from the AFPs. In total, four bills have been debated related to the release of up to 4 UITs from […]
From January to October, tax collection contracted by 13.6%
In October, tax collection contracted for the eighth consecutive month, and recorded its ninth month in the red so far in 2023. Sunat revealed that in the tenth month of the year S/11,967 million were collected, or 6.8% less compared to the same month last year. In this way, the net income of the central […]
Long-term business confidence deteriorates
In a context in which the president Dina Boluarte traveled to the US with the intention of attracting investments to Peru, the latest survey carried out by the Central Reserve Bank of Peru (BCRP) reveals that business confidence for the short and long term deteriorated in Octobermonth in which the Ministry of Economy and Finance […]