LIMA, April 28 (NNN-ANDINA) — Economy and Finance Minister Alex Contreras reported that since the launch of the Con Punche Peru Plan, 95% of the measures proposed to promote the recovery of the Peruvian economy have already been approved.
According to the government official, the cost of the approved measures amounts to S/7.856 billion (about US$2.093 billion), which will be destined to the reactivation of the family, regional, and sectoral economy.
It should be noted that the rapid reactivation plan called Con Punche Peru was launched on December 29, 2022.
“This plan has been key in the economic recovery process. S/3.5 billion (about US$932.8 million) of the approved resources has been injected into the economy and the difference will be completed in the coming weeks,” he said at a forum on sustainable companies organized by El Dorado Investments on Wednesday.
The remainder, amounting to S/4.356 billion (about US$1.160 billion), will continue to finance the implementation of measures aimed at accelerating the recovery process.
In this regard, the minister highlighted the approval of the supplementary credit amounting to S/8.232 billion (about US$2.194 billion) in order to move the country forward.
“This will result in more resources to continue intervening plans and to boost the family economy, regional recovery, and sectoral reactivation,” he commented.
Contreras also highlighted the contribution of public investment to economic growth.
“This is one of the main engines, which is contributing to the (economic) recovery and job creation,” he said.
The Economy and Finance sector’s head asserted that there is fiscal space to continue boosting the economy without generating inflationary pressures or a collapse of fiscal accounts. — NNN-ANDINA
