Peruvian Prime Minister Vicente Zeballos on Monday presented the
General Budget for fiscal year 2020, amounting to S/177.3 billion (about US$52.5 billion), up 5.5% compared to that of FY 2019.
The presentation takes place at Lima-based Government Palace, along with Cabinet members including Ministers Maria Antonieta Alva (Economy and Finance), Carlos Moran (Interior), and Flor Pablo (Education).
Zeballos remarked that one of the budget's goals is to continue to pursue the responsible and prudent economic policy introduced by the Government, as well as to boost growth and economic sustainability.
Another objective includes strengthening the decentralization process by empowering both local and regional governments.
The priorities —he noted— imply closing the social gap by giving preferential treatment to education and health sectors, dealing with violence against women, strengthening the justice system, and countering the impacts of frost and cold spell.
"We reiterate the commitment of our inclusive, decentralized Government, which assists Peruvian men and women in an immediate and timely manner," the Cabinet chief pointed out.
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Published: 11/18/2019