The owner of the Ministry of Economy and Finance (MEF)Alex Conteras, informed that an investment shock will be carried out between S/700 million and S/1,000 million in June and July for the reactivation of the paralyzed works. “The great shock of the reactivation of paralyzed works will occur between June and July of this year. […]
Tag: mef
Business expectations do not rise and MEF asks to trust in the long term
The month of April has been a carbon copy of March in terms of problems, opportunities and hopes for recovery for businessmen. According to the latest Survey of Macroeconomic Expectations of April 2023, designed by the Central Reserve Bank of Peru (BCRP), the forecasts for the sector that moves the strings of the economy remained […]
With Punche Textil without a reactivating approach, according to the mypes
The Government of Dina Boluarte has once again created a program under the label of ‘With Punche’but this time, aimed at the textile industry. In short, there are three axes to help mypes in their —eternal— reactivation: productive and commercial impulse; access to financing and financial relief; and competitive strengthening and specialization. According to Raúl […]
Fraser Ranking: Peru advances 8 places in the mining competitiveness index
Peru has advanced 8 places in the mining competitiveness ranking that places it on the 34th rung out of 62 countries, while in 2021 we were in 42nd place (out of 84). In addition, we moved Chile, which is now ranked 35th, according to the annual report of Mining Companies 2022 Prepared by the Fraser […]
Collection fell in April in a sign of cooling of the GDP
In April, S/16,532 million were collected in net tax revenue —discounting tax refunds—, according to Sunat. The figure shows a contraction of 26.8% compared to what was registered in the same month last year. In general terms, comparing what was captured in the first four-month period of both periods, there would be a threshold of […]
Financing pensions with the IGV would generate a fiscal cost of almost S/11,000 million
In total, there are seven legislative proposals analyzed by the Ministry of Economy and Finance (MEF) that include some mechanism to direct resources from the General Sales Tax (IGV) to pension funds and that generate high fiscal costs. And from a technical point of view, it does not benefit the majority of the population, according […]
MEF: Ruling of the Constitutional Court will allow to pay the debt to fonavistas
This Tuesday, May 2, the head of the Ministry of Economy and Finance (MEF)Alex Contreras, affirmed that now that the Constitutional Court (TC) has ruled on the amount of the debt owed to the ex-contributors to the National Housing Fund (Fonavi), it will be possible to proceed with the return of the money. “Since the […]
MEF: “The prospects for the housing market in general are unfavorable”
The Ministry of Economy and Finance (MEF) recently updated its forecasts for the Peruvian economy and cut growth for this year to 2.5% from 3.5%. In addition, it revised downward several economic sectors, including the constructionof which it is expected to only grow 0.5% and no longer 2.3% as estimated in August 2022. With this […]
Ulises Solís Llapa: “The nationalization of lithium in Chile is an opportunity for Peru”
Ulises Solís, general manager of Macusani Yellowcakeaffirmed that the nationalization of lithium in Chili It is a call for other producing countries in the region, such as Peru, to capture the trail of investments that it leaves behind. He further revealed that Falchani keeps in his bowels more than the 4.7 million tons that they […]
Optimism of the MEF is not felt in homes in the country
This past week, the Government, through the Ministry of Economy and Finance (MEF), reduced the estimated GDP growth for this year from 3.5% to 2.5%. Likewise, the private investment (a key indicator) would close, for the second consecutive year, with a fall of 0.5%. Despite this lower growth, Alex Contreras, head of the MEF, stressed […]