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Peru's economy recovers faster than expected, forecast to grow 10% in 2021 | Noticias

12:10 | Lima, Jan. 13. Economy and Finance Minister Waldo Mendoza affirmed that the Peruvian economy is recovering faster than expected and is forecast to grow 10% this year. The most recent indicators of economic activity confirm our conviction on this rapid recovery of the Peruvian economy, he said. The government official noted that these results come thanks to the fiscal policy measures adopted by the Ministry of Economy and Finance (MEF) and the monetary policy actions taken by the Central Reserve Bank (BCR) to mitigate the impact of the COVID-19 pandemic. These policies allowed the productive apparatus to remain almost intact during the pandemic; in such a way that companies were prepared when the economic reopening began, and that is how the Peruvian economy s rapid recovery is explained, he remarked.

Peru: Over US$746 million allocated for health emergency response this year | News | ANDINA

Economy and Finance Minister Waldo Mendoza. Photo: Presidency of the Council of Ministers (PCM) 15:00 | Lima, Jan. 12. Economy and Finance Minister Waldo Mendoza on Tuesday reported that S/2.7 billion (about US$746.8 million) will be allocated for the health emergency response in 2021. The above-mentioned amount will be devoted to the purchase of vaccines, remuneration of medical staff, acquisition of personal protective equipment (PPE), and other related expenses. Regarding the health emergency response, in general, Article 61 of the 2021 Public Sector Budget Law considers resources from the Contingency Reserve of up to S/2.7 billion (around US$746.8 million) for the acquisition and distribution of the COVID-19 vaccine and other expenses required within the framework of the health emergency, Mendoza stated.

Peru: Over US$746 million allocated for health emergency response this year | Noticias

Economy and Finance Minister Waldo Mendoza. Photo: Presidency of the Council of Ministers (PCM) 15:00 | Lima, Jan. 12. Economy and Finance Minister Waldo Mendoza on Tuesday reported that S/2.7 billion (about US$746.8 million) will be allocated for the health emergency response in 2021. The above-mentioned amount will be devoted to the purchase of vaccines, remuneration of medical staff, acquisition of personal protective equipment (PPE), and other related expenses. Regarding the health emergency response, in general, Article 61 of the 2021 Public Sector Budget Law considers resources from the Contingency Reserve of up to S/2.7 billion (around US$746.8 million) for the acquisition and distribution of the COVID-19 vaccine and other expenses required within the framework of the health emergency, Mendoza stated.

Peru's Fin Ministry inks financial contribution contract with Germany's kfW | News | ANDINA

Courtesy photo. 08:13 | Lima, Dec. 24. The Ministry of Economy and Finance (MEF) and German State-owned development bank Kreditanstalt für Wiederaufbau (KfW) have signed a financial contribution contract worth €20 million (around US$24.41 million), for the conservation of 12 protected natural areas. These resources come from a donation made by the Government of the Federal Republic of Germany and will be destined to the project Financial Sustainability for Protected Areas of the northern Amazon Biome. Economy and Finance Minister Waldo Mendoza indicated that this amount will help improve the protection of biological diversity and the sustainable use of natural resources in 10 protected natural areas under national administration, as well as two regional conservation areas.

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