Andina

Peru: Viable public investment projects totaled US$16.633 billion

PIURA, PERÚ - ABRIL 02. El presidente Ollanta Humala participa en la inauguración del tramo Piura-Sullana de la Autopista del Sol, que une a las regiones de Piura, Lambayeque y La Libertad. Foto: ANDINA/Presidencia

PIURA, PERÚ - ABRIL 02. El presidente Ollanta Humala participa en la inauguración del tramo Piura-Sullana de la Autopista del Sol, que une a las regiones de Piura, Lambayeque y La Libertad. Foto: ANDINA/Presidencia

08:00 | Lima, Oct. 20.

Viable Public Investment Projects (PIPs) were valued at S/54.891 billion (US$16.633 billion) as at October 18, 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/33.925 billion (about US$10.280 billion).

National government-approved PIPs amounted to S/13.016 billion (about US$3.944 billion), whereas those related to regional governments reached S/7.950 billion (about US$2.409 billion).

(END) MVB

Published: 10/20/2016