Regulatory Alerts2018-12-06
Added · Updated
Law No. 30879 - Public Sector Budget Law for Fiscal Year 2019
Law No. 30879 approves the 2019 Public Sector Annual Expenditure Budget totaling S/ 168,074,407,244.00, financed by ordinary resources, direct collections, official credit operations, donations, and determined resources. The law prohibits salary increases, bonuses, and new benefits for public sector personnel, while capping Christmas and Independence Day bonuses at S/ 300.00 and school allowances at S/ 400.00. It restricts public sector hiring to specific exceptions such as replacements, promotions, and university staff, and prohibits expenditure on overtime hours.
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