SUNAT, the organisation in charge of customs and taxation in Peru, blames the Constitutional Court ruling for Telefónica company not having paid its 729 million soles ($199.67 million) debt to the country. The telecommunications company invested this money to make more profits and should incur interest payments whilst the debt remains unpaid, declares SUNAT.
Human Rights Watch is accusing Peru of violating basic principles of the Universal Declaration of Human Rights, and asks the government to take immediate anti-abuse measures. This announcement follows the discovery of senior officials getting vaccinated before the vaccine was accessible to the population. The access priority should be transparent and based on public health criteria, not on political affinities.
Peru's Ministry of Health received a donation of 60 mechanical and 40 multi-parameter ventilators from the United Kingdom, worth over $700,000. This act of solidarity served to remind the historical and friendly collaboration between the UK and the Peruvian health system that will benefit from the equipment to treat critical and moderate COVID-19 patients in the country's hospitals.
In 2021, Peru is expected to grow by 9.5%, a superior growth to those of the US, the EU, China, Japan and the global average. In addition, it should be developing faster than the Latin American average over the next five years, with its GDP estimated to increase by 4.2% in 2022, 3.9% in 2023, 3.6% in 2024 and 3.4% in 2025.
The Central Reserve Bank of Peru announced that private investments increased by 9.4% in the last quarter of 2020, after three consecutive quarters of decreasing trend. This result comes with the dynamism of self-construction and the recovery of investors' expectations regarding local and global activity. Major investments in non mining sectors were largely responsible for this increase, with a 18.7% growth.