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Peru’s Finance Ministry Readies Supplementary Credit to Sustain Ongoing Public Works

Approval depends on revenue projections under Peru’s fiscal rule.

Overview

  • Economy Minister Denisse Miralles confirmed the plan, following Prime Minister José Jerí’s earlier announcement, to submit the measure to Congress between late March and early April.
  • The proposal seeks to prevent stoppages by covering financing gaps in public investment projects already under execution.
  • The ministry has identified 12,575 projects with funding problems totaling more than S/21 billion as of January 2026.
  • Local governments account for 9,740 of those projects, concentrating over 80% of the identified shortfall.
  • Prioritization will favor works with higher physical progress and social impact, with viability assessed against expected corporate income tax regularization.