Viable Public Investment Projects (PIPs) were valued at S/38.400 billion (about US$11.636 billion) as at July 21 2016, Peru’s Economy and Finance Ministry (MEF) reported.
It must be noted such projects were declared viable by the three levels of government: national, regional and local.
Over the analyzed period, PIPs declared viable by local governments stood at S/25.042 billion (about US$7.588 billion).
National government-approved PIPs amounted to S/7.481 billion (about US$2.266 billion), whereas those related to regional governments reached S/5.877 billion (about US$1.780 billion).
(END) MVB
Published: 7/25/2016