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January 19, 2023
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Protests generate a slow progress in the payments of credits in boxes

Protests generate a slow progress in the payments of credits in boxes

As a consequence of the and roadblocks that are registered in various parts of the country, the president of the Peruvian Federation of Municipal Savings and Credit Banks (Fepcmac), Jorge Solís, stated that the placements of these entities are only 40% of what they projected for this time of year.

During a press conference, he pointed out that the loans are not advancing because micro and small businesses (mypes) have difficulties meeting their obligations.

“Today only 50% of the clients of the municipal banks that are in the south (…) are paying their loans,” he said. Likewise, he stated that they need a leverage of S / 1,000 million, which will allow them to give S / 10,500 million in loans.

In the same way, he pointed out that today the outlook is “bleak” for the school campaign that has already begun.

In this regard, the president of the Pym Peru Association, Ana María Choquehuanca, explained that the formal mypes are the most affected by the violent demonstrations that are observed in the streets.

“Tourism is destroyed; small travel agencies, restaurants, guides, transportation are having a hard time. There is also an impact on the manufacturing sector,” he told Peru21.

In this sense, he called “so that it is understood that the majority of those affected are small businesses and the employment they generate.”

Look: Blockades stop output of copper for export from Antapaccay

GOVERNMENT PLAN

A few weeks ago, the Executive presented the Con Punche Peru plan to reactivate the economy hit by protests and demonstrations. In an interview with the Efe agency, the Minister of Economy and Finance, Alex Contreras, pointed out that this program generates international confidence.

The official hopes that in January the economy will perform better than in December and that the conflict will moderate.

“It will moderate, since more and more regional governors join (…). There are always groups infiltrated in protests that are legitimate,” said the official.

He also pointed out that this plan is “quickly executed, since 50% of the measures have already been approved. This week the second package is approved and next week it goes to Congress”.

DATA

The fiscal cost of the Con Punche Peru plan is S/5.9 billion, and it is expected to generate 130,000 jobs.

A few days ago, the Plenary approved Impulso Myperú to give state guarantees of S/2,000 million. The proposal was from the Executive.

The president of the Federation of Savings Banks stated that delinquency in the financial system is 5.37% and SME credit is approximately 6%.

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