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Peru: Local governments' public investment boosts construction sector | News | ANDINA andina.pe - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from andina.pe Daily Mail and Mail on Sunday newspapers.
The Government of Peru is implementing an economic package worth S/1.230 billion (about US$320.9 million) to promote decentralized job creation with public investment and speed up the vaccination against COVID-19, <a href="https://www.gob.pe/institucion/mef/funcionarios/33470-waldo-mendoza-bellido"target=" blank" ....
Photo: ANDINA 09:00 | Lima, May. 27. The Government of Peru is implementing an economic package worth S/1.230 billion (about US$320.9 million) to promote decentralized job creation with public investment and speed up the vaccination against COVID-19, Economy and Finance Minister Waldo Mendoza has reported. These measures will provide support especially to the most vulnerable people, at a time when the Peruvian economy improves and employment gradually recovers. The economy resumed positive growth in March, and the recovery path is likely to continue in the coming months, as a result of the economic measures taken last year which were strengthened this year the relaxation of restrictions on economic activities, and the positive statistical effect. ....
15:24 | Lima, Jan. 20. In 2020, Peru s fiscal deficit reached 8.9% of GDP 7.3 percentage points higher than in 2019 given the tax and spending measures adopted to mitigate the impact of COVID-19, as well as the effect of a lower economic activity caused by the pandemic, the Central Reserve Bank (BCR) has reported. In December 2020, the operations of the non-financial public sector registered a deficit of S/20.15 billion (about US$5.57 billion) a deficit S/9.70 billion (about US$2.68 billion) higher than that recorded in December 2019 as a result of higher non-financial expenditure by the general government (39%), especially current expenditure. The 6.5% increase observed in the current income of the general government is explained by higher non-tax revenue (30.3%) given the National Fund for the Financing of State Entrepreneurial Activities (Fonafe) transfer to the Public Treasury (S/1.5 billion = US$415 million), while tax revenue on th ....
15:24 | Lima, Jan. 20. In 2020, Peru s fiscal deficit reached 8.9% of GDP 7.3 percentage points higher than in 2019 given the tax and spending measures adopted to mitigate the impact of COVID-19, as well as the effect of a lower economic activity caused by the pandemic, the Central Reserve Bank (BCR) has reported. In December 2020, the operations of the non-financial public sector registered a deficit of S/20.15 billion (about US$5.57 billion) a deficit S/9.70 billion (about US$2.68 billion) higher than that recorded in December 2019 as a result of higher non-financial expenditure by the general government (39%), especially current expenditure. The 6.5% increase observed in the current income of the general government is explained by higher non-tax revenue (30.3%) given the National Fund for the Financing of State Entrepreneurial Activities (Fonafe) transfer to the Public Treasury (S/1.5 billion = US$415 million), while tax revenue on th ....