New Regional Holidays Could Lead to Unforeseen Costs adn Productivity losses, Experts Warn
while the fiscal impact of newly declared regional holidays may be officially void, experts argue that in practice, these measures could translate into significant, unbudgeted costs, notably for institutions with a high teaching load. This concern is compounded by the potential for regional inequalities and administrative complexities that could disrupt businesses and public services.
The creation of regional holidays, such as April 8th in Puno and June 24th in the Jungle, raises concerns about a net loss of productivity due to the uneven application of hour compensation in the private sector. Companies operating across multiple regions could face considerable operational challenges, needing to coordinate production, logistics, and customer service amidst varying labor contexts.
Furthermore, work stoppages in the public sector can lead to delays in administrative procedures.while the cultural or symbolic arguments for these holidays are acknowledged, without a robust tourism strategy or internal consumption promotion, they may generate economic expectations that fail to materialize into real returns.
Context: The debate surrounding the economic implications of holidays, both national and regional, is ongoing. Previous discussions have focused on how workers are compensated when they work on holidays, such as during Holy Week, and the operational continuity of essential services like those provided by EsSalud during public holidays. The current concerns highlight the need for a thorough approach that considers the practical economic and administrative consequences of creating new public holidays.