The Executive has already approved the bill of the Budget Public for the year 2025, which amounts to S/251,691 million, which means a growth of 4.5% compared to that of 2024.
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In this regard, the Ministry of Economy and Finance (MEF) explained that no resources have been cut from subnational governments or ministries, thereby ensuring stability in public investment.
“No municipality in the country will receive less than S/1 million for the execution of investment projects. This financial support ensures that all municipalities can carry out the execution of their development plans,” explained the MEF.
In this regard, he explained that capital expenditure will be prioritized with an increase of 7.3% in regional governments and 24.2% in local governments. “This means more projects and development in every corner of the country,” he added.
He also pointed out that there is a commitment to decentralization, as resources are allocated directly to subnational governments, thereby avoiding the need for additional transfers during implementation.
On the other hand, he noted that next year’s budget is in line with the fiscal rule, keeping the deficit under control and ensuring responsible economic management.
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