Viable Public Investment Projects (PIPs) were valued at S/43.137 billion (US$13.072 billion) as at August 28 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/28.310 billion (about US$8.579 billion).
National government-approved PIPs amounted to S/8.400 billion (about US$2.545 billion), whereas those related to regional governments reached S/6.427 billion (about US$1.948 billion).
(END) MVB