Between January and October of this year, the total execution of public investment amounted to 28,543 million soles, an amount that represents an advance of 52.8% compared to the Modified Institutional Budget (PIM) for the year. This level of execution also means a historical record in the last 20 years, as reported by the Ministry of Economy and Finance (MEF).
This performance is 26% higher than that executed for the same period of 2019 (22,704 million soles), the year that presented the highest execution between the years 2001 to 2020.
So far this year, the execution of the three levels of government has presented an advance of 58.7% in the national government (12,451 million soles), 51.2% in the regional governments (5,044 million soles) and , finally, 48% in local governments (11,048 million soles).
The execution achieved in the three levels of government during the month of October 2021 amounts to 3,361 million soles, being consistent with the growth of the previous months.
“To date, the good performance in the execution of investments has been achieved largely because public entities at all levels of government have committed to economic reactivation,” said the MEF.
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