Public investment execution amounted to S/2.192 billion (about US$674.4 billion) in Jan-Apr this year, thus posting a nominal growth of 11.6% and resuming a rising trend, Peru's Economy and Finance Ministry (MEF) informed.
According to MEF, the country's
public investment expanded in April 2018 compared to the same month in 2017 (S/1.964 billion; about US$604.3 million).
Within this context, public investment execution totaled US$6.497 billion (about US$1.999 billion) in Jan-Apr 2018, up by 12.8% —in nominal terms— from the same period in 2017 (S/5.760 billion; about US$1.772 billion).
Public investment recovered and grew 8.7% to S/28.945 billion (about US$8.906 billion) last year, following two years of contraction.
By years
It must be noted public investment execution increased to S/31.608 billion (about US$9.725 billion) in 2014, but then fell to S/30.609 billion (about US$9.418 billion) in 2015, and to S/27.205 billion (about US$8.370 billion) in 2016.
MEF expects public investment will grow 17.5% in real terms this year, according to the Multiannual Macroeconomic Framework (MMM).
National Gov't leads execution
The national government headed April's chart with S/1.043 billion (about US$320.9 million), followed by local governments with S/670 million (about US$206.1 million), and
regional governments with S/478 million (about US$147 million).
(END) JJN/JJN/RMB/MVB
Published: 5/2/2018