Category: Economy

Tax take drops throughout 2023

According to figures from the Central Bank, Peru’s tax take as a percentage of GDP fell inexorably in 2023. Over the year tax income in real terms fell by 12%. By November it stood at 15.2% of GDP compared with 17.5% in November...

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Chinese investment grows apace

China has been particularly assertive in buying into the Peruvian economy, in large part to feed its consumption of key minerals. And Peru has become an important staging post on the Chinese Belt and Road Initiative. China has...

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