Viable Public Investment Projects (PIPs) totaled 8,648 and were valued at S/24.845 billion (about US$7.528 billion) as at May 19th 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/17.362 billion (about US$5.261 billion).
National government-approved PIPs amounted to S/3.997 billion (about US$1.211 million), whereas those related to regional governments reached S/3.486 billion (about US$1.056 million).
(END) MVB