After recognizing the weakness of the Government, compared to its counterpart, the Congress of the Republic, the head of the Ministry of Economy and Finance (MEF), José Arista, reported, through his account in X, that his portfolio seeks to recover the investor confidence, “which requires the achievement of consensus and joint work.” “The Government promotes […]
Tag: mef
LPG subsidy debt exceeds S/1,000 million
Due to the increase reported in the last week, the Ministry of Economy and Finance (MEF) proposed extending the permanence of liquefied petroleum gas (LPG) for domestic use in the Fuel Price Stabilization Fund (FEPC). Currently, the measure is in force until June. Minister José Arista revealed that the amount owed by the State to […]
MEF: Reduction in rating attributed to a “weak Government”
One after another. On April 25, Standard & Poor’s Global Ratings lowered Peru’s credit rating, citing political disarray as discouraging investment. Hours later, Fitch Ratings added a negative weight to the outlook due to the high level of political uncertainty and the deterioration of our governance. However, for the Minister of Economy and Finance, José […]
José Arista on Tía María: “The only thing missing is go”
Despite the rejection that Tía María – a project near the Tambo Valley – has had, evidenced in the protests of 2009, 2011 and 2015, in which deaths were also recorded, Minister José Arista pointed out that “Tía María is one of the projects that has all the requirements met.” “The only thing missing is […]
Vehicular LPG could return to the Stabilization Fund, announces the MEF
The Minister of Economy and Finance, José Arista, indicated that liquefied petroleum gas (LPG) could remain in the Fuel Price Stabilization Fund (FEPC), due to the increase reported in the last week. In dialogue with RPP Noticias, the head of the MEF revealed that the current debt that the State maintains with the suppliers of […]
José Arista, from the MEF: “It is a weak Government, without representation in Congress”
The Minister of Economy and Finance, José Arista, explained that the current Government is weak due to the lack of representation in Congress and that, therefore, the political instability has not been able to be reversed. This is in relation to the negative credit rating – made by S&P – which indicated that at Fitch […]
Streaming tax in Peru: will users pay more for Netflix, Disney+ and other services?
The Ministry of Economy and Finance (MEF) together with SUNAT, they announced, this Friday, April 26, an initiative in order to collect the general sales tax from Netflix and other streaming services that offer their services in Peru. With the implementation of charging these platforms, the State hopes to collect up to 1,200 million soles […]
Executive will allocate S/500 million to regional governments, confirms Prime Minister Adrianzén
The president of the Council of Ministers of Peru, Gustavo Adrianzén, announced today at a press conference that a supreme emergency decree would be published – in an extraordinary edition – to establish support for local governments and mitigate the contraction of economic activity. The total amount, coming from the public treasury, amounts to S/500 […]
Dismissal of Carlos Oliva from the Fiscal Council was not due to criticism of the Government, according to the MEF
Carlos Oliva’s term ended on December 31, 2023, and according to Minister José Arista, his departure occurred respecting the legal parameters. Join the WhatsApp channel Price of the dollar in Peru: what is the exchange rate for this Wednesday, April 24? ONP, May 2024: see HERE the payment schedule for pensioners of decree law 19990 […]
Book Law: from S/1,287 of the VAT will be returned to cultural merchants
The Government regulated the norm that seeks to promote reading nationwide and provides tax relief to merchants. Join the WhatsApp channel Price of the dollar in Peru: what is the exchange rate for this Tuesday, April 23? This would be the AFP withdrawal schedule for disbursement of up to 4UIT, according to José Luna Through […]