Peruvian government announced that the 'Bono 600' ($164) grant had already been received by 509,607 households from the first and second groups, people in extreme poverty and who have been seriously affected by the pandemic.
Peruvian government communicated that the Programme of Compensations for Competitiveness in the agricultural industry allowed around 36,000 local fruit and vegetable farmers to improve their competitiveness, supported by more modern infrastructures and new technologies. These results originate from the 430 million soles ($177.6 mn) investment in the sector since 2010.
Telecommunication operators Claro and Entel secured the approval from the Ministry of Transports and Communications to implement 5G-based services. The need for this technology enabling faster Internet is increasing with the 60% growth of Internet traffic on the fixed network in the last year. 5G could potentially increase the GDP by 1% until 2030.
Peru's cumulative total public investment reached 3.16 billion soles ($863 million) for January and February, the highest it has been in the last 11 years. The government's economy reactivation strategy justifies this significant public spending amount.
Peru's Ministry of Energy and Mines announced that the investment portfolio of the Multi-annual Investment Programme for the period from 2022 to 2024, amounts to around 3.64 billion soles ($984 million). These investments include the financing of the implementation of 165 projects.