Overview

• Peru’s congressional labor committee approved a bill to shift four dates — June 7, July 23, August 6 and November 1 — to the following Monday, with final debate pending in the full Congress and potential application from 2026.
• The proposal keeps inamovible holidays unchanged and would strip regional and local governments of the power to declare feriados, leaving the Executive to set non-working days subject to a Regulatory Impact Analysis.
• The draft requires technical opinions from the Central Reserve Bank and the Ministry of Economy and Finance; media cite the BCR’s estimate that each holiday trims roughly 0.04 percentage points from annual growth.
• Argentina applied its new framework: under Decree 614/2025 and Resolution 139/2025, the Oct. 12 Día del Respeto a la Diversidad Cultural moves to Friday, Oct. 10 as a national holiday, with double pay for those who work that day under Article 166 of the labor law.
• Real-world calendars remain uneven, with some Argentine municipalities adding local asuetos around the weekend and five Spanish regions (Andalusia, Aragon, Asturias, Castile and León, and Extremadura) moving the Oct. 12 holiday to Monday, Oct. 13.