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Peru's Macroeconomic Framework to prioritize health, security and education

ANDINA/Difusión

ANDINA/Difusión

10:00 | Lima, Aug. 24.

The Council of Ministers approved the economic guidelines for next four years: Multiannual Macroeconomic Framework (MMM) 2018-2021 prioritizing security, education and health sectors, Prime Minister Fernando Zavala informed.

The parameters will contribute to approving the Public Budget Law, as well as the 2018 Indebtedness and Financial Balance Law, whose bills will be submitted to Congress in the coming days.

The also Economy and Finance Minister highlighted that MMM —which will be published soon— indicates the efficiency criteria for public expenditure.

"The Macroeconomic Framework establishes a 4% initial increase for 2018 and budget decisions considering the boost to economic growth and its dynamism," Zavala added.
   
In this sense, the Macroeconomic Framework 2018-2021 will prioritize —above all— security, education and health sectors.

Earlier on Wednesday, the high-ranking official forecast Peru's economy will expand 2.8% in 2017 and 4% in 2018

(END) JAA/MVB

Published: 8/24/2017
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