Peru’s Prime Minister Gustavo Adrianzen announced deregulatory measures targeting bureaucratic inefficiencies to boost economic growth. The Ministry of Economy and Finance plans to implement reforms in two phases, addressing resistance from some government sectors. Adrianzen emphasizes the need for collaboration with municipalities and Congress to remove barriers hindering investment in key areas like education.
Prime Minister Gustavo Adrianzen announced significant deregulatory measures on Monday aimed at enhancing public management in Peru. These reforms are intended to eliminate bureaucratic hurdles, thus boosting productivity, competitiveness, and overall economic growth. Adrianzen emphasized the need for these changes, stating, “We must continue driving economic growth because we have the potential to grow at even higher rates.”
The Ministry of Economy and Finance (MEF) has outlined a two-phase plan. The initial phase focuses on consolidating early reforms by July, followed by a deeper engagement with various government levels for modernization, as explained by Adrianzen. However, he acknowledged some resistance from certain sectors within the government regarding these reforms.
Highlighting the detrimental impact of bureaucracy on national development, Adrianzen noted that efforts to reduce bureaucratic barriers, especially in sectors like health and education, must persist. He remarked, “You wouldn’t believe how much is required for someone to invest in education, for example.” Additionally, the Prime Minister aims to simplify licensing procedures for investors that currently involve lengthy processes, which he argues stifle economic growth.
Adrianzen further called on municipalities and Congress to participate actively in these reforms. He stated, “We must hold meetings with the Chairman of Congress and the leader of the Assembly of Municipalities of Peru to encourage their participation.” He recognized that some municipalities have previously leveraged bureaucratic obstacles for revenue generation, indicating a need to create positive incentives for local administrations to adapt to these changes.
Prime Minister Gustavo Adrianzen is spearheading a deregulatory initiative in Peru designed to streamline public management, boost productivity, and foster economic growth. With a phased implementation plan and a strong message to engage municipalities and Congress, the government aims to dismantle existing bureaucratic barriers while addressing resistance from certain sectors. These reforms are critical for enhancing investment, particularly in vital areas such as education and health, ultimately propelling the nation’s development forward.
Original Source: andina.pe
