Post Tagged with: "Peru economy"

Peru: New Finance Minister Expected to Ease Investment Processes

Peru: New Finance Minister Expected to Ease Investment Processes

In a surprise move President Ollanta Humala changed his Finance minister on Sunday, appointing a well-known economist to lead the portfolio. Alonso Segura, who was previously the chief of the advisory cabinet in the Finance ministry, was sworn in Sunday evening to succeed Luis Miguel Castilla. Castilla, who reportedly resigned for […]

Finance Minister Castilla Denies Criticism of ‘Populist’ Measures

Finance Minister Castilla Denies Criticism of ‘Populist’ Measures

Finance Minister Luis Miguel Castilla defended the government’s plans to raise public spending at a time of slower economic growth, waving away criticism from opposition politicians that it is a “populist” move. “This is a vision of a government that will last five years and the policies that the President […]

Lawmakers Approve Economic Measures, Raise Concerns on Environment

Peru’s Congress gave the green light at the end of last week to a package of measures sent by the Executive to promote economic growth. The measures, however, have stirred up concerns about their impact on environmental regulators. The package of reforms is aimed at facilitating investments and include legislation related to […]

Govt Seeks to Attract Investment, Package Includes Curtailing Environment Ministry

President Ollanta Humala said Thursday that the good economic conditions that have benefited Peru’s economy during the past decade are over, according to daily El Comercio. Humala’s comments came when he was presenting legislation aimed at simplifying the permitting and tax codes in order to facilitate investment in the Andean […]