Peru signs deal to purchase 12 million additional doses of Pfizer vaccine

Peru President Francisco Sagasti announced a fresh deal with Pfizer Inc and BioNTech SE to purchase an additional 12 million doses of their vaccine against COVID-19 as a fierce second wave of the virus ravages the country. The president said on social media the additional shots would be delivered by year’s end. Peru’s vaccination drive has been slow to get started and fraught with allegations of corruption, with just under 4% of the population inoculated with at least one dose to date, according to a Reuters tabulation.

Peru receives Germany’s $7,2 mn contribution for forestry program

The Ministry of Economy and Finance accepted a non-reimbursable financial contribution granted by the German Development Bank (KfW), worth up to the sum of €6 million ($7,2 million), to partially finance the Promotion and Sustainable Management of the Forest Production in Peru investment program. According to Ministerial Resolution No. 145-2021-EF/52, published in the official newspaper El Peruano, the contribution … Continue reading Peru receives Germany’s $7,2 mn contribution for forestry program

Tax collection grew by 86.5% in April

Tax collection in April totalled S/14.82 billion ($3.87 billion), which was S/7.06 billion more than in the same month last year and a growth of 86.5%, informed the National Superintendence of Customs and Tax Administration (Sunat). In the case of income tax, S/8.13 billion was collected, an increase of 71.9% compared to April 2020. IGV collection reached S/5.90 billion, a growth of 70.7%.

Peruvian exports totalled $3.65 bn in March, up 32.5%

Peruvian exports amounted to $3.65 billion in March 2021, 32.5% more than the same period in 2020, said the Lima Chamber of Commerce (CCL). Eight out of the ten major destinations showed a positive growth. They include China, South Korea, Canada, Japan, India, the Netherlands, Switzerland, and Spain. The largest export amount was $1.08 billion, in sales to China, which cemented its position as the top destination for Peruvian exports.

Camisea Consortium to invest $39 mn in NGV promotion

The Camisea Consortium will allocate a fund of approximately $39 million over the next three years to promote the use of natural gas for vehicles (NGV) in cars with engines dedicated to this fuel, in the segment of passenger and cargo transport in Lima and Callao. It is estimated that less than 3% of vehicles run on NGV and that the savings for carriers by migrating from diesel to NGV would be around 50%. The programme will incorporate more than 3,000 units.

Dominican Republic suspends imports from Colombia and Peru due to banana fungus

The Ministry of Agriculture from the Dominican Republic has adopted a series of preventive measures to protect local banana production from a fungus that affects countries in the region. This means it has suspended the importation of roots, tubers, rhizomes, or corms and planting material of Musaceae from countries affected by the Fusarium Foc TR4 fungus disease. Given the presence in Colombia and - recently - in Peru of the Fusarium TR4 fungus, phytosanitary surveillance in ports, airports, border posts and farms has been intensified.

Electric and hybrid vehicle sales up 41% in the first quarter

Sales of electric and hybrid vehicles grew 41% in the first quarter of this year, according to the Peruvian Automotive Association (AAP). According to Karsten Kunckel, president of the association, 206 cars were sold and this year they expect to exceed one thousand units. In 2020, 578 eco-friendly vehicles were sold, 58% more than in 2019 (366 units), which represents an upward trend in the national market.