Peru's President: 2026 Budget draft bill aims to consolidate infrastructure and close gaps

Photo: Presidency of the Republic of Peru

Photo: Presidency of the Republic of Peru

12:26 | Lima, Sep. 1.

The President of the Republic, Dina Boluarte, on Monday stated that the 2026 Budget Draft Bill, recently submitted to Congress, is aimed at consolidating infrastructure projects and prioritizing the closing of gaps.

In her speech marking the start of public works for the Carabayllo Integrated Scheme project, which will provide drinking water to residents of this Lima district, Mrs. Boluarte emphasized that the budget focuses on Peru's development responsibly.

She added that it always safeguards the consolidation of the country's economy.

In this regard, the top official dismissed claims that the proposal submitted to Congress would harm the country or leave it "bankrupt," as some "denialist voices" suggest.

The Head of State said her government has worked to place Peru in a strengthened economic position.

She emphasized that her administration will leave a “solid, sober, and steady” budget to continue growing and serving as an example in the region.

"With this budget, we aim to solidify the execution of infrastructure projects, with more modern schools, more hospitals to serve our patients, more bridges and roads that connect communities and stimulate the sale of products, thereby boosting the economy," Mrs. Boluarte stated.

"It is a budget that prioritizes closing gaps and strengthens the fight for public safety, a fight we work on daily alongside our National Police," she added.

Regarding the project set to begin in Carabayllo district, the top official stated that access to potable water is a universal right.

Thus, the Head of State thanked district mayor Pablo Mendoza and local leaders who promoted this initiative, which aims to benefit 279,000 families.

The President indicated that the execution of these works will cost S/806 million (US$228 million). It will provide over 12,000 new drinking water connections and 11,995 sewer connections for Carabayllo and San Antonio de Huarochiri, thus addressing this social demand.

"Your children, parents, grandchildren, and grandparents will be able to take a proper shower there once they have access to potable water. That is improving quality of life; that is granting the right to water access that belongs to every human being simply by virtue of that condition," she emphasized.

(END) MCA/FHG/MVB

Published: 9/1/2025