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Kurt Burneo: “There will be no surprises for workers or employers”

Waiver of tax incentives for companies

Economics Minister Kurt Burneo presented Multi-annual macroeconomic framework (MMF), before the press. In his statements, he emphasized that the forecast remains low, reaching growth of 3.6% of GDP at the end of the year.

The official explained that demand must be increased and supply improvedTo this end, an economic reactivation plan for companies will be presented in the coming days and confidence will be restored through transparent policies and ongoing coordination with BCR.

“There will be no surprises for the workers, or for the businessmen, or for the Congress. Having a coordinated relationship with them makes any reactivation plan easier,” the official said.

Regarding the BCR, he explained that the law protects the autonomy Central Reserve BankFor this reason, he assured that he does not seek to interfere in monetary policy, but seeks coordination between actions that directly concern them.

Against tax breaks for companies

The minister also spoke about some of the initiatives being applied, such as VAT cuts for restaurants, and insisted on his opposition, which he expressed to President Pedro Castillo. Despite the disagreement, he assured that he would seek to improve the rules so that there would be no blow to tax collection.

“I do not agree with such a measure, but I think that it will be the first and last. If there are other things that I don’t agree with, then obviously it doesn’t make sense for me to stay in office, but we will fight for the sound management of public finances, ”he said about tax breaks for companies.

He also acknowledged that public administration was not efficient and that it would continue to delay the country’s integration into the OECD. With the growth we have at 3%, we will still catch up with Mexico in 19 years, which is the last country on the list of low per capita productivity countries to join the OECD.

Source: RPP

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