MEF: Postpones until June the adjustment to the Selective Consumption Tax




The Minister of Economy also said that the second part of the “Con Punche Perú” program will be announced in the coming days.

The head of the Ministry of Economy and Finance (MEF), Alex Contreras, announced that the Government has decided to postpone until next June the adjustment to the Selective Consumption Tax (ISC) for some products, with the purpose of contributing to the economic reactivation of the country.

Measure could be extended for a longer time

During a press conference held in the courtyard of the Government Palace, the minister also said that come June, they will evaluate whether the measure is extended for a longer time.

“I want to announce that today, according to the current regulation, an adjustment to the Selective Consumption Tax (ISC) of some specific goods corresponded, but considering the situation of the country, inflation, which we want to aim at the reactivation, I have just signed the Ministerial Resolution that technically postpones that adjustment to the month of June”, he indicated.

Next, he specified that this measure has a cost of S / 100 million soles that would have been assumed mainly by consumers and mypes. In this sense, he said that mypes are at the center of the economic reactivation of the country, since work continues for these sectors.

At another time, the Minister of Economy mentioned that in the coming days the Government will announce the second part of the “Con Punche Perú” program, which will focus on the regional impact they intend to generate.

“So we continue to coordinate, working at the sector level with that objective, guaranteeing the rapid recovery of our economy, it is a complex international context, but the (macroeconomic) fundamentals remain, so in the following days we are going to announce these additional measures that are going to be key to guaranteeing recovery,” he added.

He also announced that this Wednesday he will send to the Council of Ministers the first draft of the Supplementary Credit Law, in order to ensure 100% execution of the first part of the “Con Punche Peru” program in the following weeks.


Source: Management

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