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Peru: Executive to support 2020 Budget at Congress

13:46 | Lima, Sep. 2.

Peruvian Congress Chairman Pedro Olaechea on Monday called for an extraordinary plenary session for September 5, in order to review the Budget, Debt and Financial Balance for 2020 Bill.

According to the document, Prime Minister Salvador del Solar and Economy and Finance Minister Carlos Oliva will be in charge of supporting the bill.

The presentation will address spending priorities and financial sources. 

Afterwards, Parliament's political groups will debate the bill, so it can be published on El Peruano official gazette and then be sent to the Budget Commission for further assessment.

Last week, the Executive Branch submitted the 2020 Budget Bill to Congress, which amounts to S/177.367 billion (around US$52.320 billion), a nominal increase of 5.53% compared to the previous one. 

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Published: 9/2/2019