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MEF expects to execute S/ 8,281 million in public investment in Regional Governments during 2022

For this year the Ministry of Economy and Finance (MEF) expects to execute S/ 8,281 million in public investment in the Regional Governments, a record amount that would exceed what was observed last year by 18%.

For the first quarter of this year, a total execution of S/ 1,092 million is expected, the MEF specified.

In this regard, the minister Pedro Francke He pointed out that one of the objectives of his portfolio is to exceed the amount of 2021 with better spending efficiency, and to achieve this, greater impetus will be given to technical assistance in the phases of the investment cycle, and they will continue with the monitoring of investments.

“Training the technical teams of regional governments is a key part of this boost to public investment so that execution schedules are met, reactivate paralyzed works and make projects possible with efficient spending that benefit citizens,” wrote Francke Ballvé in Twitter.

On the other hand, from the MEF they remembered that heThe execution of public investment at the three levels of government reached a historic goal in 2021, after reaching S/ 39,103 million, which “became a dynamic element for the economy in a year of recovery of the different productive activities”.

Of that figure, the regional governments executed S/7,038 million with an average execution progress of 72%, its highest level in the last five years.

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