In it Centralized Collective Agreement 2023 signed on June 30 of this year between the representatives of the Executive power and union organizations, it was agreed to the delivery of a bonus of S/600 for the more than 562,000 state workers. However, after more than three months have passed since the agreement, the disbursement has […]
Tag: mef
Congress began AFP withdrawal debate: how many projects are pending and what is missing for their approval?
Last Wednesday, October 4, the Congressional Economy Commission began the debate on the bills that seek the release of funds from the individual accounts of the AFPs. One of his first guests was the head of the Ministry of Economy and Finance (MEF), Alex Contreras, who reiterated the negative impacts of this measure on retirees’ […]
BCRP: “Business confidence is not being recovered”
Like every month, the Central Reserve Bank (BCRP) conducted a survey of businessmen to find out their perception of the Peruvian macroeconomy: the results are inauspicious and reflect pessimism facing what is coming. “Based on this information, it is seen that business confidence is not recovering and rather there has been a deterioration in the […]
MEF on August GDP: “There has been a greater deterioration in economic activity”
The head of the Ministry of Economy and Finance (MEF), Alex Contreras, pointed out that in August, the peruvian economy It would not have had the expected performance and, on the contrary, a deterioration in national production would have been observed. “Compared to what we anticipated in August, there has been a greater deterioration in […]
Fiscal Council: “Economic growth projections of the MEF and BCRP are unfulfillable”
He Fiscal Council — an autonomous entity established by law — considers that the economic growth forecasts of the Ministry of Economy and Finance (MEF) and the Central Reserve Bank of Peru (BCRP) are not realistic. “The economic growth forecasts for the short term, this year and 2024, which are 1.1% and 3.0% (according to […]
BCRP: GDP growth of 0.9% for this year would have a downward bias
The greatest impact of the phenomenon of The boy in the national economy and the deterioration of business confidence has caused the Central Reserve Bank of Peru (BCRP) to begin to reevaluate its growth projection of the Gross Domestic Product (GDP) for this year, which is located at 0.9 %. However, this figure could be […]
Elmer Cuba: “This year is lost. “The effects of El Niño must be lessened.”
All projections for Peru have had a downward bias—which pushes us to the weakest GDP variation in 20 years without counting the pandemic—and Macroconsult is no exception. In the opinion of Elmer Cuba, the political factor has already passed and it is urgent to give predictability to the market, considering that private investment will close […]
Congress willing to focus the withdrawal of pension funds
In the Congress of the Republic, the discussion of a new withdrawal from the AFP has been put back on the agenda as an immediate option that can counteract the effects of inflation on families’ monthly income. He Executive power He has already given signs that he will support this measure as long as it […]
MEF: minimum pension in the AFP and ONP would be S/600 in the new pension system
The head of the Ministry of Economy and Finance (MEF), Alex Contreras, announced that in the final proposal for the pension reform that the Executive Branch will present to the Congress of the Republic, a minimum pension of S/600 for members of the National Pension System (SNP) – administered by the ONP – and the […]
MEF on new AFP withdrawal: “If Congress decides to approve it, it would have to be very limited”
The debate on a new withdrawal from the Pension Fund Administrators (AFP) by the members of the Private Pension System (SPP) began this Wednesday, October 4 at the Economy Commission of the Congress of the Republic. In that sense, the head of the Ministry of Economy and Finance (MEF), Alex Contreras, participated in the session […]