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July 30, 2025
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President Dina Boluarte announces "Deregulatory shock"

President Dina Boluarte announces "Deregulatory shock"

During her message to the nation, the president Dina Boluarte He assured that his government seeks to reduce bureaucratic procedures to promote economic growth.

“For the government it is crucial to simplify the normative or regulatory procedures and demands that slow entrepreneurship and investment,” he said.

Therefore, he pointed out that this year the strategy “deregulatory shock” was launched with the aim of building a more agile, close and efficient state.

According to the president, 254 deregulatory measures have been approved and 257 are in processes. In that sense, he announced that the elimination of 186 bureaucratic barriers is considered, as well as 85 proposals for optimization of administrative procedures.

Likewise, 59 investment promotion standards and 32 of installment optimization are included. In addition, 29 of improvement in inspection and control aspects, and 29 proposals for improving tax aspects will be implemented.

“The expected impact with deregulatory shock considers the increase in productivity, improvement in competitiveness, GDP increase and generate more and better employment,” he said.

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