09 April 2020 – Established wage subsidy

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Wage and income support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Ministry of Economy and Finance of Peru established a subsidy for 35% of gross salary for employees who earn up to S1,500 monthly. Only certain businesses eligible and the program has S 600 million budget.
Full details here: https://andina.pe/INgles/noticia-peru-governments-measures-to-support-companies-at-times-of-covid19-792333.aspx