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The Annual Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF), to be held in October in Lima, will place Peru in the public eye, Finance Minister Alonso Segura said.
"We can consider these meetings as the Olympics of Economy and the market of capitals that will place our country in the public eye," the Minister affirmed.
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Peru's economy is starting to show an upward trend leading to a 4.2% GDP growth rate this year and an over 5% expansion in 2016 and 2017, Minister of Finance Alonso Segura affirmed.
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Finance Minister Alonso Segura indicated the Peruvian government is currently making a strong bet on the "sustained growth".
It contrasts with actions taken by other Latin American countries' governments, which have cut sharply public investments and raised taxes, he reminded.
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The construction sector will grow above 8% in 2015.
This will consolidate as one of the main sources of employment in the country.
It will also "recover its position" among the most important sectors driving Peru's economy.
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"There is consensus in Peru to get out of underdevelopment, beat poverty and continue on the growth path through political, social and economic policies," affirmed the Director of Peru's Central Reserve Bank, Gustavo Yamada.
According to Yamada, "we are" at the moment when the long-term policies are respected, such as the improvement in education and the creation of the Ministry of Development and Social Inclusion (Midis).
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Peru's minister of transport and communication, Jose Gallardo Ku, has announced that his department is planning to spend PEN18 million (USD5.74 million) on telecoms projects in Ucayali, as part of a wider infrastructure development programme in the region that will see the Ministry of Transport and Communications (MTC) invest a total of PEN871 million.
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Paola Bustamante, the Development and Social Inclusion Ministry said today the social programs will assist 5 million Peruvians this year. As well, the Minister highlighted the role of these programs for reducing poverty and extreme poverty. Between 2011 and 2013, poverty was reduced by more than 1.3 percentage points, while extreme poverty decreased to 4.7%, she reminded. |
 The period of maternity leave for women in Peru was increased to 14 weeks, according to RPP Noticias. The legislation under Convention 183 of the International Labour Organisation (ILO) on "Maternity Protection", was approved by Congress for an extension of maternity leave from 12 weeks to 14 weeks total.
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 Nine Peruvians will travel to Germany to complete a Master's or doctoral degree thanks to the Aleprona scholarship granted by the Ministry of Education in cooperation with the German Academic Exchange Service (DAAD).
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 Peru's President Ollanta Humala announced today an upcoming scholarship program will be launched.
It intends to enable people -who due to different reasons could not complete secondary school- to conclude the corresponding educational program.
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The Peruvian government approved a US$ 400 million contingent loan on Saturday in the case of natural disasters with the International Bank for Reconstruction and Development (IBRD). The government agreed on the Supreme Decree of 054-2015-EF which specifies Peru's Second Disaster Risk Management Development Policy Loan with a Catastrophe Deferred Drawdown Option (CAT DDO), according to Andina news agency. |
The Peruvian government expressed today its strongest condemnation of the terrorists acts committed in Tunisia and Yemen.
Those are attributed to factions of extremist group known as Islamic State.
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 Touched and impressed was the President of the Federal Republic of Germany Joachim Gauck after touring the Inca citadel of Machu Picchu (Cusco region).
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On a recent trip to Singapore, I saw several Peruvian chefs make ceviche in a matter of minutes, if not seconds. The chefs mixed raw lobster, sea urchin roe, oysters, fish and squid with pre-made flavourings such as leche de tigre (lime juice, garlic, onion and chillies) and/or finely minced salsas, added crunchy elements such as cancha (toasted corn) or thinly sliced shallots, and then served the dish immediately. The seafood resembled sashimi and the flavours were fresh and vibrant. |
The festivals that fill Cusco's cultural calendar honor a unique blend of Andean and Catholic traditions. Every June 24th, the city stages Inti Raymi, the Festival of the Sun, and thousands of Peruvians and visitors take to the city streets for dancing, music, and colorful cultural reenactments.
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Resembling the cave paintings of nearby Toquepala, it is estimated the two are similar in time range (7000 B.C.) |
Puruchuco, an ancient Incan complex, sits at the fast-moving edge of Lima's real estate boom, forcing authorities in the Peruvian capital to get creative as they seek to preserve the archeological treasure.
At first glance, the site looks like an empty hill on the city's east side -- a bald spot surrounded by a slum, a new university and a shopping mall scheduled to open soon.
But then, a low structure becomes visible -- Puruchuco, an Incan palace with a 16th-century burial ground, and untold numbers of priceless artifacts buried within. |
Medical scans of mummified remains in a touring exhibit at an Ohio museum exhibit are those of a girl who lived more than 500 years ago in Peru.
The Cincinnati Museum Center recently reported the results of a collaborative effort with Cincinnati Children's Hospital Medical Center to learn more about the remains.
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A highway crash involving three buses and a freezer truck in northern Peru killed at least 37 people, the country's Ministry of Health said Monday.
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A law in Peru has been proposed to better regulate television and promote appropriate children-friendly programs, according to Andina news agency.
Proposed by legislator Wilder Ru�z of the Gana Per� Nationalist Party, the law will appropriate specific slots for television programs for children, adolescents, and adults.
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