Recently, the Brazilian Senate approved a bill, drafted by the president Lula da Silvawhich increases the tax burden on the exclusive funds of high-yield taxpayers and financial investments abroad—known as offshore—of companies or individuals. The initiative returned to Da Silva’s office for its promulgation, in a context in which the slogan of his third term […]
Tag: poverty
Social protection covers less than 4% of the budget
Within the S/241,000 million proposed by the Government of Dina Boluarte for the Initial Opening Budget (PIA) from 2024, only 3.4% of its structure goes to social protection. They are S/9,307 million in total, S/1,497 million more than that proposed in the 2023 PIA: S/7,810 million (+19.2%). In addition, Julio Demartini, Minister of Development and […]
Julio Velarde: GDP growth is key to reducing poverty
The numbers overturned the story of Dina Boluarte’s Government: in September the GDP fell 1.29% and accumulated three consecutive months in the red and, in year-on-year terms, it was anchored at 0%, which bodes well for several consulting firms and financial entities that 2023 closes in negative. This freezing of national production – labeled by […]
Luiz Barsi, the Brazilian “Warren Buffett” out of poverty
For Luiz Barsi, being rich was not an objective, but a consequence of his determination to “never be poor again”. At 84 years old, this Brazilian is one of the wealthiest in the country thanks to exceptional success in Bag. Known as “he Warren Buffett Brazilian” Due to his influence in the Sao Paulo stock […]
Midis recognizes that poverty will increase with the economic recession
In a year where the Peruvian GDP would close close to 0% or even negative, monetary poverty will continue to rise. Julio DemartiniMinister of Development and Social Inclusion (Midis), indicated that, with the current recession panorama, the index of vulnerable citizens would be close to that seen in the pandemic (30% of the population). “Possibly, […]
There would be more poor people in 2023 and 2024 due to low GDP growth
After the national economy registered a fall of 0.63% in August, and thus accumulated a decline of 0.58% in the first eight months of the year, everything indicates that the macroeconomic projections for the end of 2023 would have a new downward bias, where the most optimistic forecast is currently that of the Ministry of […]
Sarah Laughton: “1 in 2 Peruvians is in a situation of food insecurity”
Today is the World Food Day and, in a 2023 marked by the cooling of the economy and inflation, Sarah Laughton prepares an x-ray of the food situation in our country and its consequences on national production; as well as policies to reduce gaps. -How is food security in Peru? -One in two Peruvians is […]
Five key facts about the Gaza Strip, a territory devastated by poverty and wars
The Gaza Stripscene of a new war with Israel Since Saturday, it is a Palestinian enclave ruled by the Islamist movement Hamas that suffers from conflict, poverty and blockades. meager territory Bordered to the north and east by Israeli territory, to the west by the Mediterranean and to the south by Egypt, the Gaza Strip […]
Puno’s GDP collapses in two consecutive semesters
The Gross Domestic Product (GDP) of the Peru has experienced a decline of 0.5% in the first half of the year, according to the Institute of Economy and Business Development (Iedep) of the Lima Chamber of Commerce. In the regional panorama, Puno is in a critical situation and leads the decline at the national level. […]
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 […]