A new bill on AFP withdrawal entered the documentary process in Congress. This time, parliamentarian Flavio Cruz from Perú Libre presented a legislative initiative that seeks to authorize members of the Pension Fund Administrators (AFP) to request the disbursement of up to 4 UIT, which is equivalent to S/19,800. In this way, the regulatory proposal […]
Tag: mef
What are the bonds approved by the State and who will be the beneficiaries?
This Friday the expansion of the public budget for this year via supplementary credit was made official. With these resources, the government of Dina Boluarte seeks to boost economic activity in the face of global El Niño. In an interview for La República, the Minister of Economy and Finance, Alex Contreras, pointed out that the […]
They publish a law approving supplementary credits: what are the main provisions?
He Congress of the republic published this Friday, October 27, Law No. 31912, which approves supplementary credits for the financing of higher expenses associated with economic reactivation, the response to the emergency and the imminent danger due to the El Niño phenomenon (FEN) for 2023. In this way, the incorporation of 1,454 million 312,202 soles […]
Bonus of S/600 to public workers will be paid in November, states the MEF
After the Plenary Session of Congress approved the law that authorizes supplementary credits for the financing of higher expenses associated with economic reactivation, the Government This Friday, October 27, the norm was made official through its publication in the official newspaper A Peruvian man. In this way, everything is ready for the new measures included […]
Alex Contreras: “A strong Niño is the worst risk scenario at this moment”
After recognizing a economic recessionthe Minister of Economy outlines more lights than shadows for the remainder of the year and 2024. However, it does not lose sight of El Niño, which will be received with a significant deployment of resources. —Do you consider 2023 to be a lost year? —I would say that progress has […]
Minister of Economy: “October is coming a little better than September”
After having admitted that Peru is in a recession, the head of the Ministry of Economy and Finance (MEF), Alex Contreras, gave an interview to The Republic and pointed out that this new scenario is due to the fact that there was a “deviation” in the economic projections for July and August, months in which […]
MEF also sees no room to increase the minimum wage in the midst of a recession
The vice minister of Economy, Juan Pichihua Sernapointed out that an eventual increase in the Minimum Vital Remuneration (RMV) is not on the radar of the Ministry of Economy and Finance (MEF) in a recession scenario that urgently needs to be reactivated through private investment. During his presentation at the Peru Sustainable Social Infrastructure conference, […]
Members of the ONP and AFP in extreme poverty would enter Pensión 65
The Executive’s pension reform proposal proposes that those affiliates in situations of poverty and extreme poverty who cannot access a pension will be incorporated into the social program. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, October 25? Refund to 1.2 million […]
Government received a loan of US$300 million from the IDB to attend to any emergency
Contingency credit may be used over a period of 3 years. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, October 25? Refund to 1.2 million Fonavistas begins in December The Government received a contingency loan of US$300 million for the Ministry of […]
Real income of workers is 5.8% below pre-pandemic levels
In August of this year, the average income of formal workers nationwide was S/2,816, which meant an increase of 15% compared to the year prepandemic when it stood at S/2,448. However, this value in real terms, that is, the purchasing power that a person has considering current inflation, reflects a drop of 5.8%, according to […]