Inflation is accelerating in recent months and in April would be 0.5 percent, in a context the Central Reserve Bank (BCR) is doing its job as it has tripled its benchmark interest rate, said the Ministry de Economía y Finanzas (MEF).
El ministro de Economía y Finanzas, Ismael Benavides, indicó que todo esto afecta directamente al pueblo porque está subiendo más intensamente la inflación de los alimentos.
“Un pobre en Perú utiliza entre el 70 y 80 por ciento de sus ingresos para comprar alimentos y bebidas, y es la persona más afectada por esto”, anotó.
Asimismo, mencionó que el sector enseñanza y cultura también afectó a la inflación, por la compra de útiles school and pension increases.
"Between these two elements affect the pocket of the people and not due to government economic management but to the beat of international inflation," he said.
explained that in recent months inflation is accelerating because in January was 0.39 percent in February from 0.38 percent and 0.70 percent in March.
Peruvian inflation is currently 2.7 percent, equal to the U.S. and Europe, told the Commission Budget and General Account of the Republic of Congress, to explain the reasons behind the adoption of Emergency Ordinance No. 012.
"It's important to keep this item under control it is crucial in the life of the poor, as are rising international prices of soy, wheat, maize, which has already exceeded the level 2008; and oil, "he said.
stated that inflation could have been 6.5 percent this year if he had not decided to limit public spending through Emergency Decree N ° 012, while food inflation had been 8.4 percent, something dramatic.
recalled that the government earlier this year issued the Emergency Order No. 012 that limits spending in the first half of 2011 and promotes a savings of 1.450 million new soles to 30 June, equivalent to 0.3 percent of Gross Domestic Product (GDP).
The minister recalled that inflationary effects inject any money beyond the potential of the economy to absorb it.
He said that the country has not halted the issuance of the decree of urgency, as in January and February grew more than nine percent, the Public Sector Budget grew 80 percent between 2005 and 2010, while the economy grew only 51 percent.
explained that this decree suspended the new regular additional appropriations, transfer postponed to September to municipal programs and limits the use of the Contingency Reserve to 40 percent (from a total of 4.000 million soles).
also added that the limitation of the Contingency Reserve will not affect the wage policy, or pension and the idea is that the central government can not initiate any investment project that push inflation.
Andean Via
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