Public investment in Peru posted a 15-percent growth at March 6, 2014, while the budget allocation was up to 9 percent, Peruvian Economy and Finance Ministry (MEF) has reported.
The government's total public expenditure amounted to 2.71 billion soles (US$ 9.7 billion) during the reported period, this amount is higher by 351 million soles (US$ 125.3 million) over the same period last year.
Of the total amount, the Ollanta Humala's administration invested US$ 323.2 million, while investments made by the regional and local governments totaled US$ 355.7 million and US$ 291 million, respectively.
According to MEF's Directorate-General for Investment Policy, public investment across Peru's 24 regions soared to 16 percent.
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Published: 3/10/2014