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.

Executive observes law on new AFP withdrawal of funds

The Executive observed the law authorising a new withdrawal of funds from the Pension Fund Administrators (AFP). In the file sent to Congress, the government proposed that the withdrawal of up to S/17,600 soles should only be for those members who have not contributed for three consecutive months as of 30 April, among other comments. Monday was the deadline for the executive branch to make a decision on the third withdrawal granted by Congress to the millions of members of the private pension system.

Cofide allocated additional $14.8 mn to support tourism and agricultural SMEs

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.