:quality(85)//cloudfront-us-east-1.images.arcpublishing.com/infobae/6XZEDXBZNFD65BHTNHR3YGNNBU.jpg "Minister of Economy for the proposal of the new withdrawal of AFP: “It’s a populist measure”")
Alex Contrerasminister of Economy and Financeruled on the legislator’s proposal to make a new levy on their pension funds AFP. The head of the MEF assured that this measure is populist and negative for the thousands of retirees in Peru.
Withdrawal AFP 2023: 10 keys to know about the proposed withdrawal up to 19,800 soles
Among the proposals promoted by the parliamentary benches, there is also another to collect 14,850 soles from pension funds.
In this sense, the Minister stressed that this initiative so that the population can withdraw up to 19,800 soles from their coffers will only cause the economy to fall and many will find themselves without old age pensions.
“There are millions of people who have a zero balance in their account. We must take into account that there will be a significant demographic change in the years to come and that in addition, the economy is starting to recover and this is not the time to take this measure”, he added. he said at a press conference.
AFP Retirement 2023: what it takes to obtain a new disbursement of up to 19,800 soles of my funds
The eyes of millions of Peruvians are once again on the money they have accumulated for their retirement.
“In general, those who have an account AFP, we did some numbers, these are middle and high income people. In that sense, it is not in favor of SMEs, low-income people, but rather generates significant long-term problems,” he said.
After asking if the Ministry of Economy and Finance will take action, Contreras said he will issue a report warning of the risks this means and the potential costs to the state. “This measure does not benefit the most vulnerable or the mypes, it is a populist measure,” he added.
Minister of Economy assures Peru has feasible mining investment portfolio of $8 trillion by 2024
Alex Contreras assured that our country is accelerating construction processes and that this will greatly benefit mining since investments are great allies to stabilize the economy and allow development.
Alex Conteras He mentioned that it is important to take into account that if this proposal is approved, it would be the seventh time that the population withdraws money from their coffers and that in many cases the money is not used correctly .
According to AFP AssociationFollowing the previous six withdrawals, there are almost two and a half million Peruvians who have been left with “zero sole in their funds”. For Joaquín Rey, union adviser, these disbursements have created “a time bomb” in the pension system and the Peruvian economy. The concern is that these people, as they age, become an ‘unprotected population’ without a pension to enable them to survive.
“It is not prudent, it seems to me a populist measure. In addition, the Constitutional Court has ruled in favor of these withdrawals, establishing certain parameters, which would be in the event of a pandemic or disaster, which does not occur not,” said Luis Miguel Castilla, former Minister of Economy and Finance (MEF).
“What Congress should approve is the request for powers from the Ministry of Economy and Finance, because what they want is to generate investments such as jobs. People are not asking for gifts or transfers, they want work,” added the economist.
According to the document that was presented to Congress, it states that “the first withdrawal will be worth one ITU 30 days after the request is submitted to AFP, which manages the affiliate’s funds through a bank “. However, sources from the Ministry of Economy and Finance (MEF) indicated that the bill has “no technical support”, and that, for this reason, other similar initiatives have already been filed with of the Legislative Economic Commission.