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More officials in Peru have joined calls to cancel the 2019’s Pan American Games in Lima in order to use hundreds of millions of dollars earmarked for sports facilities on relief efforts instead. Full Article »
Residents in Peru’s southern state of Cusco have threatened protests which could affect Machu Picchu tourism over the government’s delay in starting construction of the Chinchero airport. Peru’s government under Full Article »
Peru’s finance ministry has cancelled the contract to build the Southern Gas Pipeline after the consortium to build it missed a key financing deadline. The Southern Gas Pipeline consortium which Full Article »
Peru’s government has signaled that it will reject a law from the opposition-controlled Congress to ease terms of tax payment for small and medium-sized businesses. Congress on Thursday unanimously passed Full Article »
Peru has issued $3 billion in sol-denominated bonds in an operation which reduced its dollar-denominated debt and extend average due dates. Last Wednesday Peru’s finance ministry issued $3 billion of Full Article »
Peru’s Congress on Thursday voted to give President Pedro Pablo Kuczynski’s government decree powers to enact laws to drive the economy and fight crime. The legislature gave Kuczynski’s government 90 Full Article »
Peru’s government has submitted a fiscal budget for 2017 which expands spending by 4.7% to drive economic growth and improve government services. Cabinet chief Fernando Zavala presented to Congress last week a budget featuring significant spending increases in government Full Article »
Peru’s government will include a controversial cut to the national sales tax in its request for decree powers from the opposition-controlled Congress. Peru’s newspapers on Monday reported that President Pedro Full Article »
Peru’s new finance minister outlined his plan to boost formalization in labor markets, which does not include changing the country’s rigid labor regulation. In his inaugural address, President Pedro Pablo Full Article »
President-elect Pedro Pablo Kuczynski unveiled the 19 Cabinet ministers who will lead his government on Friday. Kuczynski had confirmed last Sunday that former finance minister and beer company executive Fernando Zavala would Full Article »
