Blow to the treasury Sunat and the Fiscal Council have also questioned the sentence that ignores the millionaire accumulated interest. According to the Ministry of Economy, more than S/27,000 million of disputed tax debt belongs to big industry. The sentence of Constitutional Court (TC) that retroactively prohibits the application of default interest once the legal […]
Tag: mef
ProInversion promotes the construction of the Cajamarca WWTP for more than US$58 million
This PPP project is developed with the support of the Inter-American Development Bank (IDB). For the 2023-2024 period, ProInversión’s goal is to promote and award 38 PPP projects and Projects in Assets for approximately US$9,000 million Under the figure of Public-Private Association (APP), ProInvestment promotes the construction of the Cajamarca Wastewater Treatment Plant (PTAR), a […]
General managers of regional governments will have a salary of S/14,000 per month
In the case of municipal managers, the amount is between S/2,500 and S/12,700 per month, according to the norm published today by the MEF ANDl Ministry of Economy and Finance (MEF) approved this Thursday, March 2 the amounts for economic compensation under the regime of Law No. 30057, Civil Service Law, for general managers of […]
MEF: New AFP withdrawal would affect the reform of the pension system
“What reform are you going to do if there are no funds?” said Minister Alex Contreras. Executive will present this month its strategy to renew the pension model. The head of the Ministry of Economy and Finance (MEF), Alex Contrerasurged Congress to put an end to any initiative that authorizes a new withdrawal of funds […]
More than 100,000 mypes would go bankrupt for not applying safeguards to imported Chinese clothing
Mypes in the textile and clothing sector assure that the Dina Boluarte regime “has its back” to the local industry and once again favored large importers. They are evaluating a national strike. After learning that the Government of Dina Boluarte will not apply safeguards to garments imported from China, Gamarra and the Mype National Defense […]
MEF: Public investment reached S/3,141 million as of February of this year
The National Government registered S/1,860 million so far this year, which involves 59.2% of the entire amount executed. Between January and February 2023, the execution of public investment reached S/3,141 million, one of the highest levels recorded in the first month of the year. Likewise, this amount represents 5.6% of the annual modified institutional budget […]
Government orders the non-application of safeguards for the importation of Chinese clothing
Indecopi’s report, adopted by MEF, Mincetur and Produce, resolves that it is not possible to conclude that the domestic industry has experienced serious damage due to imports of clothing in the period January 2016 – June 2021. The Peruvian Government decided not to apply the definitive safeguard measure on imports of clothing China. Through Supreme […]
Peruvian economy would grow 3.1% this year, according to the MEF
Expectations. Private investment is expected to pick up 3% after a “pretty mediocre” decade. There are 16 projects in Proinversión for US$3,000 million to boost GDP. Stable commodity prices and a Chinese recovery will also help. After growing less than expected in 2022, the Ministry of Economy and Finance (MEF) estimates that this year the […]
MEF on TC ruling that favors delinquent companies: “We are going to defend the rights of Peruvians”
Minister Alex Contreras stressed that the S / 12,000 million that would be lost in favor of the country’s large debtor companies would serve to reactivate Peruvian agriculture up to twelve times. The Minister of Economy and Finance, Alex Contreras, reiterated its rejection of the recent ruling of the Constitutional Court (TC) that prohibits the […]
Sociopolitical crisis deteriorated private investment in 2022
Impact. Although a 0% variation was expected, the fall became more acute in the fourth quarter and closed the year at -0.5%, according to the BCRP. The Government hopes to reverse this negative result and estimates a growth of at least 3% in this indicator. At the beginning of 2022, private investment, after rising 37.4% […]