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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 16 sources · 4 days · First seen · Last updated
Peru supplementary credit proposal and public spending
Overview
The Peruvian Executive Branch initiated a process to evaluate a supplementary credit bill aimed at funding priority social and security sectors. Initial discussions focused on doubling the bimonthly subsidy for the Pensión 65 program to S/ 700 to assist elderly citizens in extreme poverty, alongside funding for El Niño prevention, police logistics to combat organized crime, and educational support.
Following these evaluations, the government formally proposed a supplementary credit exceeding S/ 8.2 billion. This funding is designated for security, infrastructure, health, and education, as well as El Niño prevention measures. Specific infrastructure developments linked to these priorities include the distribution of funds for land release for the Anillo Vial Periférico project and the inauguration of river defense works in Chincha to protect residents from flooding.
Entities
Luis Galarreta · Pensión 65 · Keiko Fujimori · Chincha · Ministry of Economy and Finance
Timeline
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[BUSINESS] 11 sourcesPeru government proposes S/ 8.2 billion supplementary credit
Peru's government proposes an S/ 8.2 billion supplementary credit for infrastructure, security, and El Niño prevention, alongside major regional infrastructure and land release projects.
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[POLITICS] 6 sourcesPeru evaluates supplementary credit for social subsidies and disaster prevention
The Peruvian government is considering a supplementary credit bill to double the Pensión 65 subsidy to S/ 700 and fund El Niño prevention, police logistics, and temporary employment programs.
Sources
adnsur.com.ar · altavoz.pe · caretas.pe · delfino.cr · diariocorreo.pe · elcalbucano.cl · elnorte.com.co · eluniverso.com · itapuanoticias.tv · larepublica.pe · latercera.com · logistica360.pe · perfil.com · peru-retail.com · peruconstruye.net · tiemposur.com.ar