The Government of Peru, through the
Ministry of Economy and Finance (MEF), executed in its first month in office a set of concrete actions aimed at maintaining macroeconomic stability, optimizing public spending, as well as accelerating public and private investment for the benefit of Peruvian regions.
Among the main measures, Urgency Decree No. 008-2025 stands out, establishing extraordinary actions for austerity and efficiency in spending.
This initiative will generate savings of up to S/1.2 billion (US$355 million) this year, contributing to compliance with the fiscal rule (2.2% of GDP in 2025) while prioritizing investment projects continuity and non-essential spending reduction.
"Economic stability is the foundation that sustains confidence and investment. This first month proves that we can move forward with fiscal discipline, efficiency, and a social focus. Every public Sol (Peruvian currency) must translate into jobs, services, and well-being for Peruvian families," Economy and Finance Minister Denisse Miralles highlighted.
The MEF authorized S/317 million (US$94 million) for flood prevention works in Lima, Ancash, La Libertad, Ica, and Lambayeque regions, and S/48 million (US$14 million) for the Public Ministry (Prosecutor's Office) to strengthen its operational capacity against organized crime, reinforcing citizen security as a pillar of development.
In terms of public investment, execution reached S/44.085 billion (US$13.039 billion) between January and October this year, a 6% increase compared to 2024 and the highest level in the last decade.
This progress is complemented by the Ejecuta+ program, which this year has provided technical assistance to over 900 public entities and unlocked 3,000 projects nationwide.
The boost to private investment was also key. The signing of the Matarani Port Addendum, which will advance US$700 million for its modernization. It will increase the terminal's operational capacity by 50% and stimulate the economy of Peru's southern area.
At the same time, the national debureaucratization drive reached 69% execution (457 measures), enabling projects worth over US$200 million in mining, energy, transport, and agribusiness.
Macroeconomic strength underpins these results: country risk at 124 basis points, inflation at 1.4% (October 2025), international reserves worth US$89.623 billion, public debt at 31.8% of GDP, and a projected growth of 3.5% for 2025.
Additionally, business expectations have remained in the optimistic range for 17 consecutive months, the longest period since 2018.
In its first month, the MEF also consolidated an open-door management approach, coordinating with regional governments, business associations, and the Congress of the Republic to align decisions, set priorities, and maintain a climate of trust.
In this regard, the Ministry of Economy and Finance and the Central Reserve Bank (BCR) will continue coordinating technical efforts through a joint working group, in which the Central Bank will provide specialized assistance and support to the MEF, in full respect of the BCR's institutional autonomy.
"Peru is sending clear signals: we are a stable, predictable, and reliable country. We will continue protecting the economy, strengthening citizen security, and promoting investment as a driver of opportunities in all regions," Minister Miralles emphasized.
(END) NDP/CNA/MVB
Published: 11/10/2025