on Friday stressed that public investment totaled close to S/14 billion (about US$3.83 billion) during the first five months of 2023.
The Head of State added that it is the best execution at the start of any administration.
"Joined by regional and local authorities, with stability and democracy, we are moving forward in terms of budget execution," she underlined.
Similarly, the top official mentioned that close to 50% of the total amount was executed by national government entities. Thus, she recognized the Cabinet for this result, which is important for the country's benefit.
Regain stability
At the beginning of her speech, President Boluarte indicated that her administration had received a country with more than 800 stalled public works.
The Head of State indicated that, during these six months, progress has been made on recovering stability, confidence, and efficiency, focusing on attending to the most urgent needs, thanks to which Peru's economy starts to recover and reverse the negative trends registered between January and February 2023.
"Peru, thanks to this stability and Punche that we put into it, will be one of the countries with highest growth in the region and lowest inflation in Latin America," Mrs. Boluarte highlighted.
She added that, in order to make progress on the economic reactivation,
Con Punche Peru I and
Con Punche Peru II programs have been launched during these six months in office.
Mrs. Boluarte noted this action represents a fundamental step for the country and an endorsement of its soundness.