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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 »
In his first Message to the Nation, President Pedro Pablo Kuczynski promised running water, infrastructure, improved education and healthcare and more. Kuczynski was sworn as president on Thursday by congressional Full Article »
Illegal miners of construction materials create sprawling quarries which render vast expanses of land uninhabitable outside Lima. An El Comercio investigation reveals that a combined 660 square miles in various Full Article »
Thousands of protesters marched in Peru’s southern states of Puno and Arequipa following developments on local mining issues. The protests in Puno’s city of Juliaca and Arequipa’s Islay province come Full Article »
A new economic report predicts that Peru’s informal sector will remain a significant part of the national economy until at least 2050. Peru’s state planning agency published a report forecasting Full Article »
Esteemed economist Hernando de Soto has endorsed presidential candidate Keiko Fujimori in Peru’s 2016 elections. Fujimori presented de Soto as a member of her technical team at a campaign rally Full Article »
Various reforms to Peru’s private pension system have entered public debate just five months from the 2016 general election. Last month Peru’s financial regulator SBS released new mortality tables which Full Article »
The World Bank recommended this week that Peru loosen its labor regulation in order to improve productivity and sustain economic growth. Economists say Peru’s rigid labor laws are why more Full Article »
Yesterday morning police seized $1.25 million worth of clothing from the Polvos Azules shopping mall in downtown Lima. Over 800 police officers and 15 prosecutors raided the shopping center in Full Article »
