Public investment execution totaled S/19.048 billion (about US$5.7 billion) in the first nine months of 2018, thus recording a nominal growth of 9.2%, Economy and Finance Ministry (MEF) informed.
According to MEF, the Inca country’s public investment decreased in September this year (S/2.5 billion, around US$784 million)
compared to the same month in 2017 (S/2.9 billion, about US$885 million).
It should be noted (nominal) public investment had recovered last year and rose 8.7% to S/28.9 billion (around US$8.7 billion)
after two years of decline.
Local governments led public investment execution between January and September 2018 (S/8.9 billion, about US$2.7 billion).
Meanwhile, the national government executed S/6.4 billion (around US$1.9 billion), followed by regional governments with S/3.6 billion (about US$1.1 billion).
As is known, executions from local, national and regional governments —in nominal terms— amounted to S/1.3 billion (US$414 million), S/1 billion (US$315 million), and S/516 million (US$156 million), respectively, in August 2017.
(END) RGP/RGP/DTK/RMB
Published: 10/1/2018