Deputy Economy Minister Hugo Perea on Tuesday projected public investment might register high growth levels this November, similar to the ones recorded last October (+30.2%).
"It (
public investment) has developed well so far this month, and we expect a strong figure, just like in October (…) it will probably be of double digits," the official expressed.
Public investment has reached S/1.765 billion (around US$522 million) so far in November.
It should be noted local government's execution is the eleventh month's major contributor with S/897 million (US$265 million).
On the other hand, national government investment amounts to S/568 million (US$168 million), while regional government's stands at S/299 million (US$88 million).
In November 2017, public execution totaled S/2.585 billion (US$765 million) underpinned by local governments, with S/1.251 million (US$370 million).
October
Last October, public investment execution reached S/3.566 billion (US$1.055 billion), thus increasing 30.2% —in nominal terms— over the same period last year.
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