Andina

Peru: Public investment execution amounts to US$5.369 billion

El asfaltado de carreteras es una de las obras que se priorizarán en la región Moquegua.

El asfaltado de carreteras es una de las obras que se priorizarán en la región Moquegua.

07:00 | Lima, Oct. 20.

As at October 18, Peru's public investment amounted to S/17.719 billion (about US$5.369 billion), the Economy and Finance Ministry reported.

Such investment was executed by the three levels of government: national, regional and local.

Local governments headed the chart with S/7.261 billion (about US$2.200 billion), followed by the national government with S/6.897 billion (US$2.090 billion) and regional governments with S/3.561 billion (US$1.079 billion).

By levels

At central-government level, the Transport and Communications Ministry led the ranking having executed projects worth S/3.823 billion (about US$1.158 billion), followed by the Education Ministry with S/663 million (about US$201 million).

Concerning regional governments, La Libertad region executed public investment projects valued at S/415 million (about US$126 million).

(END) MVB

Published: 10/20/2016