Peru Changes Fiscal Deficit Rules to Avoid Third Year of Non-Compliance

larepublica.co

Factuality

Ownership

The Minister of Economy and Finance, Raúl Pérez Reyes, said that the adjustment to the fiscal rules will not only be in 2025, but in 2026.

grupormultimedio.com

Factuality

Ownership

The Minister of Economy and Finance, Gabriel Oddone, appeared for more than eight hours before the Finance Committee of the Chamber of Deputies to present the Accountability. Oddone described the session as “very fruitful” and highlighted the opportunity to “present our diagnosis of the situation and to base the reasons why we understand that we need to approve the review of the accounts of the previous year.” He explained that the draft include…

Gestion

Factuality

Ownership

AFP's eighth withdrawal: Economics Commission backs, what happened? Different analysts have been clear about this: as Peru is doing, this year would also be in breach of fiscal rules. To avoid this situation, the head of the Ministry of Economy and Finance (MEF), Raúl Pérez Reyes, had already advanced that adjustments would be made. Now he gave more details about it. The “ceiling” of the fiscal deficit corresponding to 2025 is 2.2% of the Gross …

rpp.pe

Factuality

Ownership

The Minister of Economy and Finance, Raúl Pérez Reyes, proposed modifications to the fiscal deficit targets for 2025 and 2026. With this, he seeks to sincere the economic projections and avoid a recessive impact on the growth path of the country. "Three days ago I just got the latest report from SUNAT and we continue to grow at double-digit rates in tax collection, which means that we are going to go well. The fiscal deficit we are going to redu…