economy

The plan, presented in September by President Vizcarra, aims to bridge the gap in public spending on telecommunication and transportation projects.

PROMPERU highlights the continued strong economic relationship with the U.S., generating growing numbers in tourism and Peruvian exports.

50% of companies in Peru have Venezuelan workers, according to the Survey Challenges and Opportunities for Migration in the Peruvian Business Sector, developed by Aptitus and the NGO Acción contra el Hambre.

Unemployment in Metropolitan Lima continues to increase, according to RRP Noticias, and it has reached its highest level in almost six years.

The National Secretariat of Youth in Peru revealed that 25% of the population is made up of young people between 15 and 29 years old and 18% of them do not work or go to school.

The Ministry of Production (Produce) estimated that formal pisco production would amount to 7.4 million liters this year, registering a growth of 6.5% compared to 2018.

The US Office of Taxation and Commerce of Alcohol and Tobacco (TTB) evaluates new provisions for the labeling and marketing of wines, malt beverages and distilled liquors, such as pisco.

The Ministry of Health (Minsa) in coordination with the Ministry of Economy and Finance (MEF) is considering adding a Selective Consumption Tax (ISC) to products that contain trans fats.

In Peru, the iconic Big Mac from McDonald’s is cheaper than in the United States, according to the Big Mac index, published every six months by the British magazine The Economist.