USA does not expect to sign the agreement sealed by 138 countries within the framework of the OECD to create a new international tax system for large companies digital companies because first you want to solve “open questions” and subject it to a consultation process. This was explained by the US Treasury Secretary, Janet Yellen, […]
Tag: OECD
Swiss investments in Peru by 2024 exceed US$80 million
In 2010, Peru agreed to an FTA with the European Free Trade Association (EFTA), of which Swiss is a member. Since then, trade relations between both countries have been increasing in the last 10 years. Currently, there are 62 projects with an investment that exceeds US$80 million for a period of 4 years from 2021-2024, […]
More than 5 million AFP members have less than S/4,950, according to the SBS
As of June 2023, of the 9.1 million members of the private pension system, 5.1 million have less than S/4,950 (1 UIT) in their individual capitalization accounts (CCI) when before the pandemic they reached 3.1 million. Likewise, 2.3 million have empty accounts, according to the Superintendency of Banking, Insurance and AFP (SBS). “82% of (AFP) […]
Argentina has one of the highest tax burdens in the region, according to OECD
The Organization for Economic Cooperation and Development (OECD) warned this Tuesday that the corporate tax burden of Argentina It’s found between “the highest in the region” and some business taxes are “highly distorting”in a report from the group made up of 38 countries. In its annual report on structural reforms, the OECD also noted that […]
OECD: Mexico maintains one of the highest levels of poverty and inequality
The Organization for Economic Cooperation and Development (OECD) warned this Tuesday that Mexico maintains one of the highest levels of poverty and inequality in the group, made up of 38 countries, including Chili, Colombia and Costa Rica. In its annual report on structural reforms, the OECD reported that Mexico has a poverty gap index of […]
MEF: Peru is the first candidate in the region to access the OECD
The Minister of Economy and Finance, Alex Contrerasrevealed that Peru has the first option in the region to become the 39th nation to join the Organization for Economic Cooperation and Development (OECD). As part of his presentation before the Special Commission for Monitoring the Incorporation of Peru into the Organization for Economic Cooperation and Development […]
For the second year, Peruvian GDP would grow less than the region
After the ghosts of the pandemic dissipated, the Peruvian economy it will barely grow this year below 1.0% –and with strong downward biases due to the climate emergency, which could take it to 0%–. What explains the deterioration? The protests after the arrival of Dina Boluarte The Government Palace still has a dent in the […]
OECD proposes that the minimum wage in Peru be differentiated by age or region
After the president of the Republic, Dina Boluartein his message to the nation on July 28, expressed his desire to announce “soon” an increase in the minimum vital remuneration (RMV) – currently set at S/1,025 – after consensus between workers and employers, the issue has returned to the public agenda, to such an extent that […]
OECD, concerned about little competition in the Peruvian market
In its first economic study on Peru, the Organization for Economic Cooperation and Development (OECD) highlighted the macroeconomic strengths of our country; However, he also exposed the shortcomings we have and what challenges the State must face if it wishes to belong to said group. Thus, among its main findings, the OECD indicated that, although […]
OECD reduced Peru’s GDP growth expectation to 1.1% for 2023
The Organization for Economic Cooperation and Development (OECD) revised downwards its estimate of Peru’s economic growth from 1.7% to 1.1% by the end of 2023. This adjustment is due to political uncertainty, Extreme weather events and high interest and inflation rates have been limiting private consumption and investment. “Regarding the development of Peru, we are […]