Álvaro Cubas

Álvaro Cubas

economist Peru

Álvaro Cubas is an economist affiliated with the Consejo Privado de Competitividad (CPC) in Peru. He has been actively analyzing the financial management of local governments, particularly in Lima, and has commented on the significant increases in personnel spending among various municipalities. Cubas emphasizes the need for case-by-case evaluations regarding these budget increases, attributing them to salary hikes and new hiring practices in response to legislation that integrates certain public services into municipal payrolls.

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Peru Peru: Álvaro Cubas, an economist from the Private Council of Competitiveness, states that the reasons for the increase in payroll spending depend on each district. 6

El Comercio: Municipalidades de Lima disparan gasto en personal: ¿Descontrol fiscal en la gestión actual? | ECDATA