Today: October 25, 2024
October 25, 2024
2 mins read

Seven ministries do not invest even 50% of the budget for projects

CONSTRUCCIÓN CÁRCEL

The instability of the cabinet and the time that ministers dedicate to political affairs, as well as to the defense of the president Dina Boluarteseem to have caused an oversight in the management of the ministries. According to data from Ministry of Economy and Finance (MEF) As of October 23, 2024, seven ministries record an execution of their budget for investment projects of less than 50%, despite the fact that there are just over two months left until the end of the year.

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In a context marked by a wave of crime that has paralyzed various activities in recent weeks, the Home Office (Mininter) shows particularly slow progress, with only 35.5% execution of its modified institutional budget (PIM), which amounts to more than S/301 million.

Among the Mininter’s projects, some stand out, such as the “acquisition of biometric identification equipment, servers, and storage equipment for fifteen police criminal and forensic investigation units,” whose budget exceeds S/19 million, but, to date, has not recorded any expenses.

Another case is the “acquisition of bulletproof vests for the PNP Lima and Callao police station,” with a budget higher than S/9.4 million, which has not shown progress either, with 0% execution.

There are also projects linked to the improvement of police services, police stations and the acquisition of vehicles, although with budgets minor, they do not exceed 1% execution.

On the other hand, the Ministry of Education, one of the portfolios with the greatest budget For investment, with more than S/5,000 million, 57.2% has been executed. Although this progress is greater than that of other sectors, it is insufficient given the relevance of this portfolio.

An example is the project to improve initial, primary and secondary education services in a school in San Juan de Miraflores (Lima), whose PIM exceeds S/8.9 million, but which so far has only executed 0.6% of your budget.

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HIGH TURNOVER

David Tuesta, former head of the MEF, warns about the difficulties in investment processes, which affect not only the central government, but also subnational governments.

Although there are multiple reasons behind these delays, Tuesta points out that one of them is the high turnover of authorities, added to the crisis that the Executive is going through.

“The Ministry of the Interior is probably more focused on dealing with scandals and internal problems than on the execution of its budget. This situation could be affecting other sectors, with a widespread impact,” he stated.

“YOU HAVE TO LOOK AT THE LAST QUARTER”

By Carlos Casas

You have to be careful and look at the last quarter, because what has happened in some years is that during the last few months, the execution ratios rise sharply.

I remember that in one year, in December alone, 40% of the investment expenditure was made so as not to look bad in the photo. Resources are committed to the crazy woman. That is something common in local, regional and general governments where the ministries are.

In the case of the Mininter, the investment expenditure is small, and basically implies an improvement of police stations, and there we see a serious delay. When you enter the Presidency of the Council of Ministers, you look at the details of the execution and it is high, due to a security issue, but it is not clear what has been spent on this matter. They are probably bundling some ancillary expenses together.

To change the slow execution, much would be done if the high turnover of authorities decreased.

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