Peruvian Economy and Finance Minister Maria Antonieta Alva on Friday affirmed that the Government is working on a strategy to ensure a continuous implementation of investments in 2020, which divides the regional governments' project agenda into three large groups.
Alva referred to the Central Government's initiatives to promote investment execution at the regional level.
"Our challenge is to focus on two primary goals. The first one is to address the gaps affecting citizens with a sense of urgency, since
public investment compromises hospitals, roads, dams, among other works. The second is economic growth," the cabinet member stated.
Next year, she said, investment is expected to expand about 9% and contribute to the economic growth. Therefore, it is quite important to break the inertia in the budgetary implementation at regional governments.
"We understand the problems encountered by local authorities when they execute their budget, but we must abandon the paradigm that investment is not made during the first quarter. Let's work on this issue," she added.
(END) DOP/WRR/RMB/MVB
Published: 12/13/2019