on Wednesday announced that it is preparing the implementation of an initial wave of deregulation measures to strengthen business confidence, boost private investments, and foster economic growth.
Following a second meeting with business associations,
Minister Jose Salardi stated that his office will work jointly with the private sector to launch, before July, an initial package of measures focused on deregulation and reducing bureaucratic procedures within the Peruvian State, with the goal of shortening waiting periods for project development.
"The idea is to have an initial package ready by July. The private sector has presented a series of proposals, which will be reviewed in periodic meetings (every 15 days) to assess their feasibility," Salardi indicated.
"After that, we will launch a second stage. As a country, we can no longer afford to waste time —we must move forward in our development, and engagement with the private sector will be key to working in this direction," he emphasized.
Likewise, Salardi stated that this package should include all investment proposals with a medium-term impact.
"In this regard, the MEF is already working on proposals that will soon be shared with the private sector," he noted.
The Cabinet member also expressed his commitment to supporting measures that establish safeguards to protect domestic savings, such as restricting withdrawals from private pension funds (AFP) and compensation deposits (CTS).
Additionally, he stressed the need to rebuild Peru's capital market and implement mechanisms to leverage investments in the country.
(END) NDP/JJN/JMP/MVB