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Peru: 18 regions meet investment execution goals

Photo: MTC

Photo: MTC

18:01 | Lima, May. 4.

The Ministry of Economy and Finance (MEF) on Tuesday approved the results of the assessment of compliance with the goals of the Recognition of Investment Execution in the first quarter of 2021, in which 18 out of 25 regional governments met such goals.

The measure was ordered by Directorial Resolution No. 0011-2021-EF/50.01, published on Tuesday in the official gazette El Peruano.

The regional governments that met the goals of the Recognition of Investment Execution in the first three months of this year were: Amazonas, Apurimac, Ayacucho, Ica, Junin, La Libertad, Lambayeque, Loreto, Madre de Dios, Moquegua, Pasco, Puno, San Martin, Tacna, Tumbes, Ucayali, Lima, and Callao.

Meanwhile, the regional governments that did not achieve the goals of the Recognition of Investment Execution by March this year were seven: Ancash, Cajamarca, Cusco, Huanuco, Piura, Arequipa, and Huancavelica.

Local governments

In addition, 1,120 out of 1,874 local governments met such goals by March 2021, according to information contained in this regulation.

In this way, 59.77% of municipalities met the goals of the Recognition of Investment Execution by March 31 this year.

However, 754 municipalities did not meet the objectives.

Public investment in the first quarter

It should be noted that, in early April, the Ministry of Economy and Finance (MEF) reported that the execution of cumulative public investment in the first quarter of 2021 —in the three levels of government— marked an important milestone in history, reaching a record amount of S/6.901 billion (about US$1.8 billion).

(END) MMG/JJN/RMB/MVB

Published: 5/4/2021
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