ComexPerú demands urgent decisions from the government to save Petroperú.

ComexPerú has issued a clear and forceful call to the Government to make urgent decisions regarding the future of Petroperú, the country’s main oil company. In a context where the company's financial situation is alarming and it is facing a crisis that jeopardizes its operations, the business community has insisted that it is imperative to act swiftly to prevent further destabilization. Criticism of the current management of Petroperú is not new. ComexPerú has pointed out that the state-owned company has been operating at constant losses, which has led it to repeatedly seek financial bailouts from the State. This cycle of losses and bailouts not only affects the company but also negatively impacts the national budget, diverting resources that could be used for projects to improve the quality of life for Peruvians. The statement from the board of Petroperú echoed this problem, indicating that "under the current conditions, management has become unsustainable." This assertion resonates with the reality faced by the company, where management issues and the lack of a clear plan have led to the urgent need for deep restructuring. In her message to the nation on July 28, President Dina Boluarte promised actions to achieve the self-sustainability of Petroperú, including austerity measures and organizational restructuring. Among the proposals, there was mention of relocating personnel to Talara and the possible sale of assets, decisions aimed at giving the company a new direction and financial viability. However, time has passed, and despite the promises, the Government has yet to make a clear decision. This stagnation has generated uncertainty both within the company and in the market, raising doubts about the State's ability to adequately manage one of its strategic enterprises. A recent statement from Petroperú has made it clear that the options available to the Government are limited: continue injecting capital, accept bankruptcy or liquidation, or implement a restructuring that is reliable and credible. Each of these options has significant implications not only for the company but also for the country’s economy and the welfare of its citizens. The lack of action by the Government has led the board of Petroperú to issue an ultimatum, highlighting that if decisions are not made in the short term, it may be unfeasible to continue in the current direction. This pressure reflects the urgency of addressing the situation before it is too late, and the need for firm and decisive leadership in managing the State's resources. It is evident that the situation of Petroperú is a litmus test for the Government. Facing this challenge not only involves difficult decisions but also the responsibility to ensure that the actions taken benefit all Peruvians. Recent history has shown that mismanagement can have devastating consequences, making it crucial that future decisions are based on principles of transparency and accountability. The calls from ComexPerú and other civil society actors serve as a reminder that public administration must prioritize the general welfare over particular interests. The management of Petroperú is a matter of national interest, and its resolution could be a crucial step toward restoring confidence in state institutions. Finally, the future of Petroperú is not just a matter of numbers on a balance sheet, but it has a direct impact on thousands of workers, the local economy, and the country's ability to manage its strategic resources. The urgency for a response from the Government is undeniable, and time is running out to act.