After several months of decline,
and even exceeded the figures reached in the same month during the last decade,
highlighted on Monday.
According to the high-ranking official, last April her sector launched the monitoring and technical assistance strategy to offset the fall in public investment linked to the COVID-19 pandemic.
"These have been months of intense work, in which teams from the
Economy and Finance Ministry have been deployed, so far, to 23 regions of the country, making field visits to different projects in order to monitor the progress of works and provide technical assistance for their development," she wrote on Twitter.
At the end of October 31, National Government institutions executed public investment worth S/1.468 billion (about US$406 million), followed by regional and local governments, with S/745.8 million (about US$206 million) and S/1.437 billion (about US$397 million), respectively.
In the tenth month of 2020, Apurimac, Puno, and Tacna regions registered the highest accumulated budget execution, while —at the local government level— the Municipalities of Apurimac, Cusco, and Tacna also recorded the highest execution at cumulative
public investment levels.
"
Public investment is not only an accelerator of economic reactivation; if efficiently executed, it contributes to closing gaps for the benefit of citizens; that is why we will continue joining entities to boost the efficient use of public funds," she concluded.