In light of the devastating effects of floods caused by the El Niño phenomenon during the first trimester of 2017, the government has worked on a plan for the country’s reconstruction and rehabilitation. Thus, a bill was proposed to Congress that improves the Obras por Impuestos (Works for Taxes) scheme. On April 25, 2017 the bill...
Following in the wake of the Alberto Kenya Fujimori presidency – which ran from 1990 to 2000 and was characterised by strong centralism – the Peruvian Congress was, for the first time, composed of representatives with previous political experience in regional institutions throughout the country.
By January 2017, after six months in office, the government of President Pedro Pablo Kuczynski had put into effect the main components of a tax reform package designed to support and accelerate economic growth. Among the key aims of the changes were to unblock and stimulate public and private investment, simplify tax payment processes and help...
To what extent will new economic reforms bolster foreign direct investment (FDI) in Argentina?
The phenomenon known as El Niño – heavy coastal flooding resulting from the warming of the Pacific ocean, which generates evaporation and rains further favoured by the absence of winds – dramatically damaged the Peruvian west coast in early 2017, leaving the country in a state of permanent emergency. The events are making their mark on the...
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