The Peruvian Government relies on a US$60 billion infrastructure investment plan thru 2021, Economy and Finance Minister Fernando Zavala said Thursday.
Remarks were made at Congress while
addressing the Public Budget, External Debt and Financial Balance Bills for the 2018 fiscal year.
"This [2018] Budget Bill favors public investment with a growth rate nearing 20%," the government official expressed.
"Our infrastructure plan —which includes highways, bridges, airports and ports— entails an investment worth US$60 billion thru 2021," he pointed out in this sense.
Budget
It must be noted the 2018 Budget Bill amounts to S/157.158 billion (about US$48.49 billion), thus showing a 10% growth compared to current year's budget.
To that end, the Council of Ministers has recently passed the
Reconstruction with Changes Plan, which foresees an investment of S/25.655 billion (about US$7.923 billion).
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