Andina

Peru: Public investment execution, over US$3 billion by June 25 2015

Construcción de Hotel Westin Libertador en San Isidro. Foto: ANDINA / Archivo/ Alberto Orbegoso

Construcción de Hotel Westin Libertador en San Isidro. Foto: ANDINA / Archivo/ Alberto Orbegoso

21:10 | Lima, Jun. 29.

Public investment execution in the three levels of government (national, regional and local) reached S/. 9.541 billion (about US$3.028 billion) by June 25 this year, the Peruvian Finance Ministry (MEF) announced.

The national government leads the ranking totaling S/.4.941 billion (about US$1.568 billion). It is followed by local governments' implementation, S/.2.883 billion (about US$915 million) and regional governments developing S/.1.717 billion (about US$545 million) worth projects.

Concerning investments carried out by the State, the Transport and Communications sector lead the ranking having achieved project executions worth S/.2.548 billion (about US$808 million). It is followed by Defense sector, which executed works worth S/.1.003 billion (about US$318 million)

(END) RGP/RGP/MVB


Published: 6/29/2015