—What do you expect from President Dina Boluarte’s message to the nation? — We all have very modest expectations due to the limited leadership, let’s say, of the Executive Branch in economic matters. —And what should you include in your speech? — That he should change his behavior in approving laws with a strong negative […]
Tag: poverty
Minimum wage can rise to S/1,168 with CNT formula
Just over two years ago, the minimum wage (RMV) in Peru rose to S/95 to S/1,025. With the passage and weight of inflation and blows to the economy, the amount has become obsolete, according to the working mass. A year ago, the president Dina Boluarte He promised to raise the RMV as long as national […]
Poverty in Peru: Towards a new “normality”? by Javier Herrera
Since 2021, the year in which the Government promised “no more poor people in a rich country”, to date, the living conditions of the population have not only not improved, but have embarked on a divergent path towards worsening, and this in the different dimensions of poverty, whether monetary or non-monetary. A new dynamic has […]
The contrast of entrepreneurs in Peru: popular and branded
“I want to start a business, make ends meet, help my family, treat myself and that’s it. I’m exhausted at work, they only make me look at files, they pay me little and on top of that I have an abusive boss.” “My father came to the capital when he was a child and without […]
Poverty soared in 2023 and Housing is forced to change criteria for housing subsidies
After poverty reached 29% at the end of 2023, the Ministry of Housing, Construction and Sanitation (MVCS) ordered the suspension of the application of formulas for calculating the maximum Monthly Family Income (IFM) provided for in the Operating Regulations to access the Family Housing Bonus (BFH) for the “Application for the Acquisition of New Housing” […]
ECLAC: Latin America faces development crisis that makes it difficult to reduce poverty
Latin America and the Caribbean face a development crisis due to rates “low and mediocre” of growth that complicate productive transformation and the reduction of the povertywarned this Wednesday the executive secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), José Manuel Salazar-Xirinachs. In the opening speech of the Fourth Regional Seminar […]
More than one and a half million young people neither study nor work
A growth of 2.4% is evident at the end of 2023 in the population of young people between 15 and 29 years old who neither study nor work (known as NEET), according to the Institute of Economics and Business Development (IEDEP) of the Chamber of Lima Commerce (CCL). This translates into more than one and […]
World Bank predicts GDP growth of just 2.9%
The latest report from the World Bank, which will be public from today, June 11, presents a slight upward revision of the Peruvian economy in 2024. Thus, it estimates an advance of 2.9%, when in April it forecast 2.5%. “Peru will grow, according to projections, 2.9% in 2024 and 2.6% in 2025“, since the decrease […]
Sisfoh 2024: what to do if I do not appear on the official register of households in poverty?
Know what steps to follow if you do not appear in the official register of households in poverty prepared by Sisfoh in 2024. Join the WhatsApp channel The Household Targeting System (Sisfoh) is a fundamental tool of the Ministry of Development and Social Inclusion (Midis) to identify households in situations of poverty and extreme poverty. […]
Poverty in Peru has led to 8 regions having historic levels of anemia, warns Unicef
More than 9,780,000 Peruvians are poor (29% of the population) and 10,590,000 are vulnerable (31.4%), according to the recent report from the National Institute of Statistics and Informatics (INEI). Precisely, factors such as poverty, overcrowding and inadequate basic sanitation are associated with anemia. According to figures published by the Demographic and Family Health Survey (ENDES) […]