Peru: Public investment reaches highest level in decade, cements confidence in economy

Photo: ANDINA/Jhonel Rodríguez Robles

Photo: ANDINA/Jhonel Rodríguez Robles

00:30 | Lima, Nov. 6.

Economy and Finance Minister Denisse Miralles stated that Peru is moving forward with concrete results toward sustained, decentralized growth and fiscal stability thanks to a modern and predictable economic management focused on building trust across territories.

The government official reported that public investment grew by 6% between January and October 2025 compared to the same period in 2024, reaching a cumulative execution of S/44.085 billion (US$13.051 billion).

It is the highest amount in the last decade and equivalent to 62.9% of the annual investment budget.

This performance consolidates a positive trend since 2020, she noted in remarks at a meeting of the presidents of the 23 Regional Chambers of Commerce convened by the National Confederation of Private Business Institutions (Confiep).

It also projects a new historic record in execution by the end of 2025, boosting regional employment and productivity.

"The country is moving forward with firm steps. Every Sol (Peruvian currency) invested reflects the State's ability to turn investment into real well-being," the Cabinet member noted.

Budget ensures discipline and sustainability

Regarding the 2026 Budget Bill, Minister Miralles explained that it amounts to S/257.562 billion (US$76.247 billion), a 2.3% increase compared to 2025.

It includes a fiscal target of 1.8% of GDP, guaranteeing discipline and sustainability.

Additionally, 61% of the decentralized budget will be executed by regional and local governments, ensuring the completion of projects and the creation of jobs across territories.

"We are leaving a country with stability, order, and a vision toward the future. More than 60% of the budget will be in the hands of regional and local governments, because development cannot be concentrated in Lima; it must be felt in every region of Peru," she stated.

(END) NDP/MVB

Publicado: 6/11/2025