Authorities from the Ministry of Economy and Finance and the Central Bank of Venezuela announced the signing of the new Annual Economic Policy Agreement 2027, a crucial factor for the country’s financial stability next year.

The meeting was led by the Minister of Economy and Finance, Anabel Pereira, who was joined in signing the document by the President of the Central Bank of Venezuela (BCV), Luis Pérez.

This economic agreement will allow the national government to “implement various strategic actions to achieve clear objectives. The institutions estimate achieving sustained economic growth of between 6 % and 10 % annually.”

Furthermore, the agreement also projects reducing and maintaining the inflation rate in double digits by the end of 2027.

Coordination of actions among the different Venezuelan monetary and financial authorities is planned to achieve the goals proposed in the agreement, which are supported by the Constitution of the Bolivarian Republic of Venezuela, the Organic Law of Public Sector Financial Administration, and the BCV Law.

M.Pino

Source: puntodecorte

(Reference image source: file)

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With the support of IDB Invest, Panama has begun seeking $1 billion in private investment to bolster key sectors of its development: energy, construction, tourism, water and sanitation, housing, digital infrastructure, employment, manufacturing, agribusiness, and financial services.

The Ministry of Economy and Finance (MEF) announced that the strategic alliance with IDB Invest, the private sector arm of the Inter-American Development Bank (IDB) Group, will help “boost the economy, expand access to financing, strengthen productive sectors with growth potential, and contribute to job creation.”

The ministry explained that the funds would be allocated directly to private companies and projects “or channeled through financial institutions to expand access to credit for micro, small, and medium-sized enterprises (MSMEs).”

In addition to financing, technical assistance is expected for initiatives in the renewable energy, energy efficiency, electric mobility, and resilient infrastructure sectors.

It is important to note that in the first half of 2026, IDB Invest committed approximately $200 million in new operations in Panama and plans to increase that amount as new eligible projects are identified and approved.

M.Pino

Source: telemetro

(Reference image source: Alex Pagliuca on Unsplash)

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The Peruvian government, through the Ministries of Economy and Finance and Agrarian Development and Irrigation, presented 22 irrigation projects that seek to position the South American nation among the world’s leading food suppliers.

The ministers of both ministries, José Salardi and Ángel Manero, were responsible for presenting the irrigation proposals, as well as the incorporation of one million hectares into the agricultural sector, to be awarded in July 2026, to boost production.

Manero explained that approximately seven projects are expected to be awarded this year, while the remaining 12 will be delivered before July 28 of next year. Salardi specified that 85% of the investment promotion for the 22 projects will be carried out through the Public-Private Partnership (PPP) mechanism.

According to the participants in this meeting, the projects are aimed at benefiting agricultural producers in 14 regions. “Among the projects to be awarded are the Marañón Transfer (350,000 hectares), Pampas Verdes (200,000), Poechos (100,000), Chavimochic III (63,000), Chinecas (70,000), Poechos (100,000), and others. In addition, irrigation improvements are expected on more than 278,871 hectares.”

Salardi stated that the goal of these initiatives is to double “agricultural exports, considering that sales of $13 billion are expected this year” and double shipments to “more than $31 billion by 2040.”

M.Pino

Source: diariocorreo

(Reference image source: James Baltz on Unsplash)

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