Viable Public Investment Projects (PIPs) reached 19,486, totaling S/63,979 billion (around US$18.690 billion) as at December 4th, 2016, Peru’s Economy and Finance Ministry informed.
It should be noted these projects have been declared viable by the three levels of government: national, regional and local.
During the analyzed period, local governments determined the viability of 17,304 PIPs worth S/39.973 billion (about US$11.677 billion), followed by the national government with 926 PIPs valued at S/14.891 billion (about US$4.350 billion) and regional governments with 1,256 PIPs worth S/9.114 billion (about US$2.662 billion).
In the case of the central government, the average amount per project was S/16 million (about US$4.67 million), while those approved by regional administrations totaled S/7 million (about US$2 million).
Likewise, PIPs declared viable on a local basis amounted to nearly S/2 million (US$584,282) each.
(END) SDD/JJN/JHM/RMB
Published: 12/6/2016