A few months ago, the president of Peru, Dina Boluarte, announced in her message to the nation the bonds and economic reactivation programs that would be strengthened for 2023. It turns out that in recent years, a series of events, such as inflation and impacts of the El Niño phenomenon have harmed the financial situation […]
Tag: subsidies
US GDP grows 2.1% and increases unemployment benefit applications
The American economy maintained a fairly strong pace of growth in the second quarter, the Government confirmed on Thursday, and appears to have gained momentum in the current quarter amid a working market resistant. The Gross Domestic Product (GDP) increased at an unrevised annualized rate of 2.1% last quarter, the Commerce Department reported Thursday in […]
Advantage in electric cars is due to innovation and not subsidies, says China
The China Chamber of Commerce before the European Unionwhich represents some 1,000 Chinese companies operating throughout the EU, stated this Wednesday that its industrial advantage in electric cars is due to its efforts in innovation and not to state subsidies, after the announcement of the European Comission that he will investigate these aids. The Chinese […]
Electricity and water rates soar in Venezuela as subsidies are reduced
The Venezuelans They are facing rapidly rising utility rates as subsidies from the cash-strapped government dwindle, with many diverting much of their wages to electricity and water payments when frequent power outages occur. Residents of several cities in the country and business owners told Reuters that since the beginning of this year the bills for […]
Bonds in Peru 2023: what subsidies are available in May and how to know if they correspond to you?
In order to cover the economic needs caused by the pandemic in 2020, inflation in 2021 and 2022, and the havoc caused by the weather phenomena In 2023, the Government allocated a series of subsidies —popularly known as bonds— to protect the most vulnerable population. Throughout these years, some state subsidies remain valid, but others […]
Techo Propio and Crédito Mivivienda benefited 5,740 families: how much are the bonds and how to access?
As of the first quarter of 2023, a total of 5,740 families throughout Peru agreed to the construction or acquisition of a home with the help of the housing bonds granted by own roof and the New Mivivienda Creditboth programs of the Ministry of Housing, Construction and Sanitation (MVCS). During this period, the disbursement of […]
How to update my socioeconomic classification to access government bonds or social programs?
Having an updated socioeconomic classification is one of the requirements to apply for different social programs or access state subsidies. In order to serve the most vulnerable population, through state benefits, in the event of an emergency, the Ministry of Development and Social Inclusion (Midis) urges citizens to update their socioeconomic classification (CSE), since, according […]
Bolivia bets on high subsidies to keep domestic prices stable
bolivian It is committed to consolidating a “protective State” with high subsidies to keep domestic prices stable, Economy Minister Marcelo Montenegro told Reuters, despite the risk implied by the high fiscal deficit and the decline in international reserves. Bolivia’s center-left government, a key gas producer, subsidizes the hydrocarbons sector to contain fuel prices and the […]