Holiday | Peru is among the top 10 countries with the most vacation days in the world July 23 | GDP | economy

Peru adds more holiday In its calendar, that is why it is already high in the top 10 countries Holidays In the world (holidays and vacations), non-working days in the public sector are allowed as a kind of incentive for internal tourism.

That’s without considering regional or provincial holidays (like June 24 for San Juan Day in the Jungle), says labor attorney George Toyama.

On July 8, the law will create July 23 is a holiday Why every year? In memory of the heroic sacrifice of Captain FAP Jose Abelardo Quinones Gonzalez.

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This is the second holiday created in 2023, previously in June June 7 is a holiday National for Arica War and Flag Day.

So, there are already 16 holidays in a year 30 days holiday For general labor ruleThere are a total of 46 paid ‘free’ days in Peru.

After that we find ourselves practically alone 53 days holiday in Iran: 27 holidays and 26 holidays, mostly religious. We connect with the island of San Marino, where we have 46 days. followed by Yemen (45 days). Andorra (44 days), Bhutan (44 days), Bahrain (44 days), Togo (43 days), Niger (43 days), Madagascar (43 days) and Monaco (42 days).

And if we consider only Latin American countries with the most holidays (excluding holidays), the ranking goes like this: Argentina 19 total, Colombia 18 days. Then Puerto Rico and Chile (17 each), third is a tie between Bolivia and Peru with 16; 13 to 14 days are calculated in Mexico, Brazil and Venezuela.

Ministry of Economy and Finance (MEF) in Peru, warned last May Non-working days A cumulative 25% increase in just 2 years, from 12 to 16 holidays (added 2021 December 9 and 2022 August 6 holidays), “creates a trend that increases the country’s limits to attract investment and increase formal employment. .

Along these lines, I had already warned New holiday Indicates a significant impact on the productivity of formal enterprises with a potential cumulative effect on national output of more than 4% PPI Year (16 out of 365 days in a year).

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Labor impact

According to Toyama, operating companies Holidays (factories, agriculture, mining, construction, trade and services etc.) to pay double wages to workers who agreed to work. It is estimated that 4 out of 5 people do not work on the holiday because of the labor cost it represents.

“If it is not run, there is no income. Informal workers also do not get paid if they do not work. If a freelancer does not work, he also has no income. Recreational activities can only benefit partially,” he notes.

Esan editor, George Gillen, in an earlier article, had already mentioned to Kestion that it meant creating one more holiday in Peru. 10% to 15% labor cost per month in a mib company. “The larger the company, the higher the number,” he says.

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