13:59 | Callao (Callao region), Jul. 1.
Public investment execution increased 15.5% in June 2019 after May's decline, Economy and Finance Minister Carlos Oliva said on Monday.
According to the official, the month-on-month data does not mark a definitive trend as considerable variability is noticed.
"Regional governments have executed 20% of their revised institutional budget so far," he said.
The official went on to add the national government's budget execution rate is slightly higher. Therefore, this is not a regional governments' problem, but a State problem.
"As a State, we have executed 25% (of the budget). We definitely must reflect on these problems that do not let us carry out things as we should," Oliva concluded.
GORE-Executive meetings are aimed to spur actions that will encourage further development in the nation.