The Multisectoral Commission in charge of “expanding the reserves of natural gas and strengthen the hydrocarbon industry for the massification of natural gas at the national level ”will extend the deadline for 16 more days to deliver its final report to the Ministry of Energy and Mines. As announced by La República, through resolution No. […]
Tag: mef
Better capacity management brought public investment record
The public investment during 2021 it reached S / 39,103 million. This is how a historical record, since it was exceeded by 21% in 2018 (S / 32,275 million), the pre-pandemic year with the highest execution. The Ministry of Economy and Finance (MEF) highlighted that more than 889 local governments and 11 regional governments transferred […]
Scotiabank: Peru has the second lowest country risk level in Latin America
Scotiabank reported that Peru is the second lowest in Latin America, only after Chile, thanks to its high fiscal and payment capacity of the nation. For the Canadian capital bank, this situation would continue in 2022. Speaking to Andina, Scotiabank’s head of monetary economics, Mario Guerrero, stated that, at the end of 2021, Peru’s country […]
Contradictions of the Fiscal Council on the suitability of spending under the magnifying glass
This week, the Fiscal Council (CF) issued a statement in which it demanded “the urgency of establishing a new medium-term fiscal framework”, through the design of a bill that establishes the course of the framework to which the country is compromises. This, after, for example, the Government minted, last Thursday, December 23, DU No. 112-2021, […]
MEF denies that current management has hired 143 advisers
The Ministry of Economy and Finance (MEF) denied that the current management led by Pedro Francke, has hired 143 advisers under the Public Sector Management Support Fund (FAG), which had been spreading in recent days. “The MEF does not have such a number of consultants who provide services for the ministerial office, but rather only […]
The ITU rises to S / 4,600 in 2022: what are its effects?
The Tax Tax Unit (FROM) rose to S / 4,600 for the year 2022, a figure that represents an increase of S / 200 in relation to this year’s amount. This variation is the largest recorded since 1999. The increase, explains Jorge Carrillo Acosta, professor at Pacific Business School, it is associated with annual inflation. […]
Pedro Francke: We have already exceeded the goal of S / 36,000 million in public investment this year
The holder of Ministry of Economy and Finance (MEF), Pedro Francke, reported that the goal of S / 36,000 million of public investment for the current year 2021 was exceeded. It also reported that it is a notable increase compared to previous years in which public investment was lower. “In previous years we barely spent […]
Executive approves giving tax benefits to the aquaculture, forestry, wildlife and tuna sectors
The Executive Power today approved granting tax benefits to the aquaculture, forestry, wildlife and tuna sectors. This, within the framework of the powers delegated by the Congress of the Republic, was reported by the head of the Ministry of Economy and Finance (MEF), Pedro Francke. In detail, aquaculture companies, forestry and wildlife with net income […]
Congress resumes project on the transfer of AFP funds to banks and savings banks
The Congress of the Republic seeks to resume the proposals of free disaffiliation of the AFPs to transfer the funds to financial entities, this in order to give greater competition to the private pension system, going from 4 to about 40 administrators, which would generate better cost effectiveness. The potential transfer amount would be S […]
MEF: Peruvian economy is positioned as one of the strongest among countries in the region
Peru will close this year as one of the strongest economies among emerging countries and one of the best in the region, reported the Ministry of Economy and Finance (MEF), based on the Bloomberg Economics risk ranking that places our country among those with the lowest public and external debt ratios, and a favorable current […]