The Minister of Economy questioned the legislative initiative of Congressman José Luna to release up to S/19,800 of AFP funds. Join the WhatsApp channel of La República With information from URPI-LR. The Minister of Economy and Finance (MEF), Alex Contreras, described as a “populist measure” the bill of congressman José Luna, which proposes to authorize […]
Tag: Ministry of Economy
Return of the Fonavi would begin on December 14 of this year
The Commission ad hoc decided to set a date at the beginning of the payment to the ex-contributors of the National Housing Fund (Fonavi), as proposed by the Technical secretary. In this way, on December 14, 2023, workers and retirees who are owed money could begin to collect. On August 3, this working group approved […]
Food prices will moderate in the coming months
Food prices have played a determining role in the behavior of inflation in recent months, remaining in double-digit values. In the past month, the annual inflation rate for food and beverages reached 10.31%, almost double the general inflation rate that stood at 5.88% in Metropolitan Lima. Despite this, it was lower than the 12.89% registered […]
MEF: “In July we expect to have the highest growth rate of the year”
The head of the Ministry of Economy and Finance (MEF), Alex Contreraspointed out that after the rocky performance of the GDP – which fell 0.49% accumulated since January and fell back to -1.43% in May – “in July we expect to have the highest growth rate of the year”. When asked about the details of […]
Fonavi 2023: why doesn’t the return of contributions start?
More than two years have passed since the approval of the Law no. 31173, a norm that guarantees compliance with the Law for the return of money from the National Housing Fund (Fonavi) to the workers who contributed to the extinct fund. However, to date, no payment has yet been made to the nearly 2 […]
Salary increase in the State: who are the beneficiaries and from what date does it apply?
Collective negotiation. The executive branch and the unions of the public sector signed, for the second consecutive year, the Centralized Collective Agreement 2023which economically benefits 565,000 state workers. State wage increase: how much is it and when does it apply? One of the agreements reached by state employees with the Government It was about an […]
Executive seeks to reduce the commission paid by AFP affiliates: who is it addressed to and what is the proposal about?
On the march to reform the pension system in Peru, they have already been ruled in the Congress the proposals of the Commission of Economy and the one of Job. The Executive, for its part, presented its own project last Tuesday after several months of delay. In the document published by the Ministry of Economy […]
Minimum pension would benefit those who earn the most
Although the draft to reform the Executive’s pension system was prepared by various actors such as the Central Reserve Bank (BCRP) and the Superintendence of Banking and Insurance (SBS), it is already receiving severe criticism, since it would not propose substantial changes. for the economist javier oliverathe document does not contemplate a comprehensive system and […]
Joining a pension system would be mandatory from 2025
The Ministry of Economy and Finance (MEF), portfolio that presided over the Multisectoral Commission In charge of carrying out a technical evaluation of the pension system, it made public its proposal to create a new pension system. The initiative is structured around four pillars with the aim of expanding coverage to all Peruvians, as well […]
Peru only surpasses Argentina and Venezuela in economic performance
Peru’s economic performance is better only when compared to Argentina and Venezuela at the regional level, according to the recent World Competitiveness Rankingprepared by the Centrum PUCP and the Institute of Management Development (IMD) of Switzerland. The decline in this indicator is significant, considering that we went from position 40 to 53 in one year. […]