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.
The government allocated S/45.32 million ($11.97 million) to purchase and distribute free surgical masks and cloth masks to the population in vulnerable situations. Emergency Decree No. 042-2021 declares textile face masks and disposable surgical masks for community use as "public goods", in the framework of the health emergency created by COVID-19.
As part of the Peruvian Government's strategy to make the production sector inclusive, innovative and sustainable, Produce is helping to fund around 2,500 innovation and entrepreneurial projects with almost 100 million soles ($26.5 mn). The initiative is mainly destined to small companies and startups.
Argentinean online marketplace Mercado Libre will be working with the Ministry of Production in order to digitalise 5,000 micro and small companies. The aim of this alliance is the move from traditional shopping to online shopping and the enablement of digital payments.
Sunat, the Peruvian tax and customs authority, reported that over 120,000 people had already obtained their digital tax number on their mobile phone or computer, therefore allowing them to access employment or start a business.
After 10 years of research, Peru's National Institute for Agricultural Innovation introduced the 440-Kanchared flour wheat, resistant to crop disease and water stress. This new wheat variety of excellent quality has a yielding capacity of up to 5,000 kg per hectare, that will help small producers increase their revenues.
During the Week of Intellectual Property, Indecopi reported that the removal of the fees to register a collective brand generated a 9 million soles ($2.38 mn) saving for entrepreneurs and artisans. The decision to eliminate this tax should also help reactivate the economy of these sectors.
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.
Peru's Government authorised the Ministry of Energy and Mines to transfer over 200 million soles ($52.8 mn) in order to finance works to develop the regions of Ayacucho, Apurímac, Cusco y Loreto.
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.