Peru President requests municipalities to execute more than 80% of budgets

18:02 | Lima, Jan. 15.

Peruvian President Martin Vizcarra on Wednesday stressed the importance of municipalities making an effort to execute more than 80% of their public investment budgets this year, with the aim of achieving development in their jurisdictions and closing social gaps.

The Head of State recalled that nearly S/20 billion (about US$6 billion) was allocated for such investments in 2019, but merely S/12 billion (about US$3.6 billion) was spent.

Thus, nearly S/8 billion (more than US$2.4 billion) was not implemented, which is not convenient for a country that has many needs, he said during a meeting with representatives of the Network of Urban and Rural Municipalities of Peru (Remurpe).

"We must make the effort with the purpose of being capable of completely executing the budget, but if that cannot be achieved, it must stand above 80%," the top official stated.

Thus, he added, more projects will be developed and —once the corresponding works are completed— the population will rely on better-quality services.

On this occasion, the President was joined by Prime Minister Vicente Zeballos, Economy-Finance Minister Maria Antonieta Alva, and Remurpe members.

Con el objetivo de continuar fortaleciendo el proceso de descentralización de nuestro país, el presidente @MartinVizcarraC se reúne con los integrantes de la Red de Municipalidades Urbanas y Rurales del Perú #REMURPE. En vivo: https://t.co/HHxHixqRpr pic.twitter.com/Thelv8Ix4u
— Presidencia Perú (@presidenciaperu) January 15, 2020

Presidente @MartinVizcarraC: La ejecución presupuestal de este 2020 debe superar el 80%. Por eso, desde el primer día del año estamos coordinando con las autoridades de todas las regiones del país para conocer sus sugerencias y necesidades. pic.twitter.com/sSqyjyedin
— Presidencia Perú (@presidenciaperu) January 15, 2020

Presidente @MartinVizcarraC: Una mejor ejecución del presupuesto permitirá más obras, estas a su vez generarán más empleo y, una vez concluidos los trabajos, los ciudadanos contarán con más servicios. Si trabajamos juntos y de forma articulada lo lograremos. pic.twitter.com/EXeIicjuT9
— Presidencia Perú (@presidenciaperu) January 15, 2020

(END) PBQ/MVB

Published: 1/15/2020

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Peru President requests municipalities to execute more than 80% of budgets

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