The minister of Economy and Finance, Denisse Miralles, said today that a bunch or bureaucratic obstacles have been removed in order to boost private investment and also has been unblocked more than 200 million dollars in mining and hydrocarbon proyects.
“Debureaucratizing is not a technical act, it is an ethical duty to the country. Simplifying and eliminating obstacles is to unleash Peru’s potential”, highlighted Miralles.
Measures of the deregulatory shock have optimized processes, reduced timelines, and strengthened confidence for investment in mining, energy, transportation, and agribusiness.
The government of President Jose Jeri Ore reaffirmed its commitment to productivity, competitiveness, and legal certainty today, presenting the progress of the national debureaucratization shock led by the Ministry of Economy and Finance (MEF).
During the closing of the meeting with business associations, the Minister of Economy and Finance, Denisse Miralles, reported that the process has identified 660 interventions to simplify regulations, optimize procedures, and eliminate administrative overcosts.
Of that total, 451 measures have already been completed, representing 68% progress, while 209 are currently being implemented in coordination with the various sectors and levels of government.
“Debureaucratizing, unblocking, and simplifying is not just a management objective; it is a political decision by President José Jerí's administration to restore agility to the State and confidence to investors. We are streamlining processes with evidence and acting effectively,” stated Denisse Miralles.
The results of this effort are already being seen in the productive sectors. In mining and hydrocarbons, high-impact projects such as San Rafael, Retamas, and Lot 95, with combined investments exceeding US$200 million, have been unblocked.
In the energy and electricity sectors, studies were approved and operations began on strategic projects such as La Niña–Piura, Piura Nueva–Colán, Belaúnde Terry–Tarapoto, and Puerto Maldonado–Iberia, which will strengthen the electrical capacity of the north, east, and south of the country.
Likewise, in commerce, transportation, construction, and agribusiness, deregulatory measures have reduced processing times, unified licenses, and accelerated digitalization processes, generating greater predictability for investment and operations.
“Just as serious as corruption is maintaining unnecessary requirements that create opportunities for misuse. Simplifying is not improvising: it is organizing with transparency and responsibility so that every investment translates into employment and well-being,” emphasized the Minister of Economy and Finance, Denisse Miralles.
The Ministry of Economy and Finance, together with Indecopi (the National Institute for the Defense of Competition and the Protection of Intellectual Property), is also making progress in eliminating 309 bureaucratic barriers, 186 of which are integrated into the deregulatory package.
In the coming months, monitoring mechanisms will be strengthened and their implementation accelerated at all three levels of government, prioritizing sectors with the greatest productive and territorial impact.
Minister Denisse Miralles reaffirmed that Peru is moving forward with clear rules, security for investment, and confidence for growth, within the framework of the national stability and growth strategy promoted by the Government of Transition and Reconciliation.
(END) NDP / MDV
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Publicado: 3/11/2025