In a few weeks, it will be one year since President Dina Boluarte announced her intention to increase the minimum wage in Peru during her last address to the nation for the National Holidays. Since then, the National Labor Council (CNTPE) has not managed to advance a consensus formula to institutionalize its calculation and give […]
Tag: mef
Banco de la Nación, payment schedule for 2024: check the dates for payment of salaries and pensions for August
Are you retired from the ONP or a state worker? If so, write down the days in August when you can collect your pension or salary, according to the official calendar of the Ministry of Economy and Finance. Join the Whatsapp channel With only a few weeks to go until the end of July, thousands […]
Tren Macho: Huancayo – Huancavelica line concession is being delivered these days
According to the MEF, the cost between these regions will be reduced and the door will be opened to new markets. Join the Whatsapp channel The head of the Ministry of Economy and Finance, José Arista, reported that the concession of the colloquially known as Tren Macho —which covers the Huancayo – Huancavelica route, in […]
Central Bank: GDP would have grown 2.7% in the first half of the year
The Central Reserve Bank of Peru (BCRP) estimates that the economy will end this year at 3.1%, and this journey—which has an upward bias—seems auspicious. The Ministry of Economy and Finance (MEF) shares this projection. In May alone, GDP is believed to have grown by around 5%, driven by the strong recovery of the primary […]
MEF denies request to grant bonus to CAS workers who earn less than S/1,950
He Power of attorney expressed his discontent after receiving a refusal from the General Directorate of Public Budget (DGPP) of the Ministry of Economy and Finance (MEF), which will directly affect the workers of the regime CAS with salaries less than S/1,950. According to Official Letter No. 515-2024-EF/50.06 of July 8, 2024, the ministry headed […]
MEF approves new external debt of up to US$325 million with Germany
The aforementioned external debt is subject to a non-refundable commitment fee of 0.25% per year on the undisbursed loan balance, as well as an administration fee of 0.75% on the total loan amount. Join the Whatsapp channel The Ministry of Economy and Finance (MEF) approved an external debt operation with the German state bank Kreditanstalt […]
Only 33.6% of the public investment budget was spent: another year of inefficiency
Between January and June of this year, public investment amounted to S/22 million 789,244, 23.6% more than that recorded in the same period in 2023, according to the Ministry of Economy and Finance (MEF). This amount represents an execution of 33.6% of the annual budget assigned. By area, S/9,344 million was spent in the national […]
What does it mean to increase public spending by 2028 and change the path of the fiscal rule?
Governments have a limit on public spending (education, health, security, transportation, etc.), limited to the budget they manage each year. When this budget is exceeded because there is not enough income, or the need exceeds it, it is considered that there is a “deficit”. This deficit is internationally accepted and is capped at discretion. For […]
Amount of works for taxes reaches historic record of S/1.631 million
In the first half of 2024, the amount awarded through the Works for Taxes (OxI) mechanism reached a historic record of S/1,631 million through 28 projects completed with the technical assistance of the Private Investment Promotion Agency (Proinversión). This result even exceeded the annual amounts awarded in 16 years of the creation of the Works […]
Not only Peru: these are the South American countries that seek to use the Chancay megaport, according to the MEF
The Ministry of Economy and Finance, José Arista Arbildo, assured that Chancay will be the largest megaport in South America and that three countries in the region are currently looking for mechanisms so that their vessels can also operate in this megaport. The head of the MEF highlighted the opportunities opened by this project, which […]