Castilla Says Business-Friendly Measures to Boost Peru’s Growth

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Peru unveiled legislation designed to ease the financial burden on companies and streamline bureaucracy to boost growth as copper exports slump.

The measures include relaxing environmental rules for 11 billion soles ($3.9 billion) of oil and gas investment and waiving more than 20 billion soles in back taxes, Finance Minister Miguel Castilla told Lima-based Radio Programas.