The Minister of Economy and Finance, Jose Arista, said the legislative powers the executive branch is seeking from the Republican Congress will be aimed at reviving the economy and making the country more competitive.
“We are listening Legislative powers Basically re-enable economy. And what do we have there? Well, there are some urgent regulations that we have to leave,” he announced on TV Peru.
“For example, in terms of collection, which is of great concern to the financial sector and all economists, we have a streaming tax (platforms like Netflix), which is a general sales tax (IGV) tax,” he said. Added.
Jose Arista He explained that this streaming tax law is already in place, but there is no way to collect this tax from the provider.
“What is not clear is how it should be collected, because the rules we have are made for the supplier and the consumer who are in the country. But with the development of technology, in case of streaming, the service provider is out of the country. So, we want to propose a rule that clearly explains how this tax will be collected,” He pointed out.
The minister pointed out Legislative powers They will consider other reforms Competitiveness to the Peruvian economy.
“Apart from restoring the fiscal balance in a more progressive way, we want to improve and accelerate investment. That too, we must complete half-delayed investment projects,” he stressed.
“What is important to note is that we have more than 38 hospitals across the country and we want to speed up the administration of the Ministry of Economy and Finance (MEF) For example, ProInversión wants to create a company that is dedicated not only to offering projects, but also to implementing the project with the winner,” he added.
Transfer to Municipalities
On the other hand, Jose Arista Explained the latest reason and purpose exchange 500 million soles to local governments.
“What happens is that in the first quarter (January-February-March) we transferred 2% VAT to local governments, which is called the Municipal Compensation Fund (Foncomun), which is more or less equal to 4,000 million feet for each point. , that is, the total for the year. 8,000 million soles are replaced,” he pointed out.
“What we have seen in the analysis, especially in this first quarter of 2024, the changed figures are not very high, because we have received VAT reductions due to some legal changes and the blows we are still receiving from the economic recession. The last months of last year,” he said.
The minister pointed out that the government has decided to transfer 500 million soles to local government bodies across the country in response to the legitimate demand of many mayors.
“This will give them more financial space so that they can implement the investment projects in their portfolio, start some or execute technical files or they will be fit for current expenses,” he said.
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