Peru’s Ministry of Economy and Finance (MEF) is preparing to implement a supreme decree that will increase the Selective Consumption Tax (ISC) on beverages like beer and soda. The changes also include adjustments to benefits for exporters and the introduction of new tax measures. Business associations representing commerce, warehouses, and breweries have voiced concerns about the potential negative impacts on investment, sales, and overall competitiveness. These concerns come as the country prepares for a change in leadership. The decree is reportedly close to publication, signaling a swift implementation of the tax adjustments. Industry leaders warn the increased taxes could affect consumer prices and market stability. The government maintains the changes are necessary fiscal adjustments.