Executive approves emergency decree that establishes extraordinary measures of austerity and efficiency of public spending

He Executive approved Emergency Decree No. 008-2025, which establishes extraordinary measures aimed at guaranteeing the efficiency and responsible use of public resources. These provisions will generate savings estimated at S/ 1,200 million during the current fiscal year, with the objective of complying with the 2025 fiscal rule (maximum deficit of 2.2% of GDP) and strengthening the sustainability of public finances.

The Minister of Economy and Finance, Denisse Miralles, highlighted that the measures seek to ensure efficient and responsible management of public spending. “Austerity is not an end in itself, but a tool to protect the economic stability of the country and guarantee that every sol of the State is used efficiently and transparently. These measures are necessary to meet the fiscal goal and maintain confidence in the Peruvian economy,” said the head of the MEF.

The agreement marks a new milestone in national port history, the result of a technical and legal evaluation process developed for more than two years, with the participation of the MTC, the MEF, ProInversión and OSITRAN.

The Emergency Decree, applicable to all documents of the Executive Branch, establishes three priority measures: a maximum period of seven days to approve financial transfers, counted from the publication of the regulation; Modulation of spending on non-critical goods and services, such as advertising, events, consultancies and various services; and the Prioritization of spending on investments in execution, without affecting the continuity of essential services or the regular operation of the entities.

These temporary restrictions apply to both current and capital spending, ensuring that public resources are concentrated in productive sectors and essential services. The measure does not affect unavoidable social obligations, such as transfers to the Military Police Pension Fund, the Llamkasun Program and the Comprehensive Health Insurance (SIS).

Likewise, the Ministry of Economy and Finance is authorized to reallocate the resources generated by the application of the decree to the Contingency Reserve, strengthening the State’s capacity to respond to eventualities without compromising the fiscal balance.

In terms of public investment, the standard prioritizes projects with an approved technical file or signed contract, ensuring the continuity of works in progress and avoiding the creation of new commitments without technical or budgetary support.