Peru's Controversial Law: Big Winners, Small Losers?

Amidst Growing Controversy, Peru's Ley Chlímper 2.0 Sparks Debate: Small Farmers Struggle While Agro-Exporters Thrive Peru is grappling with the contentious Ley Chlímper 2.0, a law designed to boost the agricultural sector. However, the law's implementation has sparked widespread criticism, with many accusing it of favoring large agro-exporters at the expense of small farmers. The law, in place for over 20 years, is set for a 10-year extension, despite concerns raised by various technical experts. "They tell small farmers that if their harvest fails, it's bad luck," explains a commentator in a recent video by Epicentro TV. "But this is a business, and they can't expect state benefits." This sentiment highlights the core issue: a perceived imbalance in the distribution of resources and support. The video also features an interview with former Economy Minister Pedro Francke, who offers a critical perspective on the government's economic decisions. Francke's insights add weight to the ongoing discussion. The Fiscal Council, a respected body, has consistently warned about the government's economic missteps. The ongoing debate surrounding Ley Chlímper 2.0 underscores the need for a more equitable and sustainable approach to agricultural development in Peru, ensuring that the benefits reach all segments of the farming community.