He Ministry of Economy and Finance (MEF) highlighted the redirection of S/627 million 645,878 in favor of the Contingency Reserve, a measure that seeks to contribute to the local reactivation of markets and attend to the national emergency due to mudslides in our country.
In dialogue with RPP Noticias, Minister Alex Contreras said that Supreme Decree No. 056-2023-EF, published the day before, approves the transfer of items in the public sector budget for fiscal year 2023, charged to the balances identified as reorientable in terms of capital spending from different specifications of the national government.
“We are reallocating resources. We hope, between today and tomorrow, to make the additional injection to the municipalities. We are doing it in advance, because, so far this year, the Piura Regional Government has only executed 11% of its budget for care of the emergency, and the same happens with the provincial municipality. The objective is to avoid any type of shortage,” he said.
The resources come from the Presidency of the Council of Ministers (PCM), and the Ministries of Transport and Communications; Agrarian Development and Irrigation; of health; Education, and Housing, Construction and Sanitation.
“It will come out in an emergency decree. It is important to confirm that it is not a problem of lack of resources, but of a lack of response from some subnational governments,” said the minister.
“Unfortunately, when this year’s budget was made, we started with the lowest Contingency Reserve in the last 14 years. So, since the emergency cannot be postponed, what we do is take resources from the sectors to be able to serve the population” he added.
MEF: supplementary credit in the hands of Congress
On the other hand, the head of the MEF asked the Plenary of the Congress of the Republic to expedite the debate to receive the supplementary credit of more than S/8,000 million to finance new measures for the reactivation of the family, regional and sectoral economy, after the crisis caused by cyclone Yaku.
As recalled, on April 3, the Budget Committee voted in favor of most of the items demanded by the MEF. Proposals such as the transfer of items in favor of the specifications of the national government and various regional and local governments for more than S/57 million were included.
“They are S / 627 million, the first package that we are going to complement in the following weeks as Congress approves the authorization of the supplementary credit to finance additional expenses,” he signed.
Contreras stressed that these items also seek to improve the response capacity to the imminent arrival of the El Niño Phenomenon. In order for the proposal to be debated and voted on by the Plenary, it must be prioritized by the Board of Spokespersons.
Source: Larepublica
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