Peru's President: Increased tax revenue will help meet public sector workers' demands

Photo: Presidency of the Republic of Peru

Photo: Presidency of the Republic of Peru

18:00 | Lima, May. 28.

The President of the Republic, Jose Maria Balcazar, highlighted that the increase in tax revenue so far this year will enable the Executive Branch to finance the demands of public sector employees, which—he said—will be addressed in a reasonable manner.

The Head of State made these remarks during a ceremony recognizing good practices in freedom of association and collective bargaining, held at the Government Palace in Lima Thursday afternoon.

The top official reminded attendees that the Government will submit a supplementary credit bill to Congress, which—he said—will make it possible to meet the commitments established under collective bargaining agreements.

"Our tax revenue is increasing, so if it continues to rise, that is very fortunate for the country, and we will explain this before Congress (...). With these (resources), we can finance all the salary increases you may secure, and we will grant as much as can reasonably be estimated," Balcazar expressed. 

The President noted that the Government is working to secure additional sources of funding for the well-being of all citizens.

The Head of State highlighted the recognition awarded to leaders of various public sector labor unions.

The top official stated that, in fact, everyone who bears that responsibility should be honored, because they often "sacrifice more than their personal time to continue fighting for union rights."

"I know there is a productive bureaucracy, and that must be strengthened so it can improve in the future. When work improves, (tax) revenue increases, and we all benefit," he added.

The President also noted that modern unionism is linked to Peru’s democratic life.

Lastly, he noted that those involved in it must continue strengthening their skills in order to negotiate  more efficiently and achieve better outcomes.

(END) MCA/FGH/MVB

Published: 5/28/2026