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.