This is done in order to create more jobs and promote economic recovery, according to the president. Quellaveco, Antamina, Toromocho and Las Bambas are the key projects in the sector. Join the WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Tuesday, May 21 Fonavi 2024: Ad Hoc […]
Tag: private investment
MEF will increase public spending until 2028 due to low private investment
A week after requesting the departure of Carlos Oliva from the presidency of the Fiscal Council – an institution that ensures the transparency of public finances – the Ministry of Economy and Finance (MEF) updated its GDP growth forecast to 3.1% for 2024, but with a strong deficit component that will force it to launch […]
Private investment: the engine of GDP that does not come out of lethargy
Private investment covers 80% of the total investments that move in Peru. Academics and officials agree that it is the cornerstone of the economy, and for this year, its recovery will be vital considering that GDP is expected to rebound to 3% after a year of recession, where we fell to the worst level in […]
Chancay megaport: how will it help Peruvian businesses in international trade?
The Chancay megaport registers a progress of 56% and in November of this year, within the framework of the APEC summit, it will be inaugurated with the presence of Xi Jinping, president of China. To date, the works have generated more than 1,500 jobs and, once completed, business opportunities will flourish in the areas of […]
Private investment will grow 2% in 2024, according to the MEF
After dragging on for 2 consecutive negative years, Minister Alex Contreras predicts a favorable result for the main engine of economic growth. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Sunday, December 31? Public workers will have an increase of S/50 starting in January […]
Distrust sinks private investment: it will fall 7.3%
In 2022, private investment contracted 0.4% despite the country’s limited growth. A year later, after the political turn of the Government of Dina Boluarte, who from her first day distanced herself from her predecessor Pedro Castillo, private investment has not managed to recover and will fall 7.3% in a period marked by recession, according to […]
Half of Peruvians do not want to invest their money
47% of Peruvians consider it impossible or unlikely to invest in the next six months given the adversities that weigh down the country, according to the latest Investor Mood Index report carried out by Tyba, from Credicorp Capital. “The biggest problem (in Peru) is inflation, which affects the poorest to make their money profitable. Secondly, […]
BBVA: GDP will fall 0.4% in 2023 and there will be a 2% rebound in 2024
He BBVA Research has revised its growth projection for the Peruvian economy downwards. Thus, It predicts that 2023 will close at -0.4%, when the previous quarter there was still talk of growth of 0.4%. Along these lines, the 2024 figure was adjusted from 2.3% to 2%. The factors that were considered for this revaluation were […]
The fall in private investment slows to -6.2% in the third quarter of 2023
Private investment in Peru continues in free fall and, according to data from the National Institute of Statistics and Informatics (INEI), it recorded a decline of -6.2% in the third quarter of 2023. However, this is the best quarterly record so far this year, since in the January-March period, the drop in private investment was […]
CADE 2023: they question the silence of Dina Boluarte in the face of the deterioration of GDP
According to former Minister of Economy Waldo Mendoza, we are experiencing a “power vacuum” and, given Boluarte’s absenteeism, it is up to the business community to guide the country. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Tuesday, November 14? Banco de la […]