Public investment execution totaled S/2.6 billion (around US$798 million) in April this year, a 20.7% increase compared to the same month in 2018 (S/2.1 billion; around US$661 million), the Economy and Finance Ministry has reported.
With this result, public investment has reversed January and February's negative performances of -6.2% and -29.1%, respectively, and has returned to positive territory year-to-date.
Public investment reached S/6.6 billion (about US$2 billion) until April this year, up 2.7% over the first four-month period in 2018 (S/6.4 billion; about US$1.9 billion).
Public investment in April grew at all three levels of government, although was particularly driven by local ones.
Public investment totaled S/1.2 billion (about US$367 million) at local governments, up 81.8% compared to the same month last year —in nominal terms— but amounted to S/1 billion (about US$323 million) at the National Government, posting a rise of 2.7%.
In the case of regional governments, public investment execution totaled S/356 million (around US$107 million), down 25.6% from April last year.
(END) RGP/RGP/RMB
Published: 5/2/2019