Cofide, Peru's state-owned development bank, awarded a total of 54.9 million soles ($14.82 million) to the CMAC of Arequipa, Cusco, Huancayo and Piura, to support the tourism and agricultural sectors. Around 29.9 million soles ($8 million) and 25 million soles ($6.7 million) are respectively dedicated to the FAE-Tourism, the fund to support micro and small businesses in tourism, and the FAE-Agro, the fund for the agricultural sector.
Peru's Ministry of Culture launched the annual call for Economic Stimuli for Culture, in order to finance its budget of 29.2 million soles ($7.88 mn), representing an 18% increase from that of 2020. Around 25 million soles ($6.7 mn), 2.92 million soles ($788,300) and 1.25 million soles ($337,500) will respectively be allocated to film and audiovisual activities, to performing, visual arts and music projects, and to recitals.
Online purchases have been growing tremendously and are expected to increase by 121% by 2024 in Peru. E-commerce provides a more convenient and safe way to acquire new products. Over $2 billion were spent by Peruvians on the latest day of Cyberdays, online campaigns to attract new customers with low prices.
The Supervisory Body for Private Investment in Telecommunications (Osiptel) reported that fixed internet prices had decreased by 68% in the past four years thanks to the increased competition. 75% of fixed internet users currently have internet speed between 15 Mbps and 100 Mbps, while 77% of them only had access to speeds of less than 15 Mbps three years ago. From 2015 to 2020, the average monthly subscription was reduced by 35.4%.
Hochschild reported that it had delivered attributable production of 85,738 gold equivalent ounces, consisting of 52,843 ounces of gold and 2.8 million ounces of silver, during the first quarter of 2021. Its flagship Inmaculada operation in Peru experienced a strong start to the year with higher grades than expected.