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The government is preparing a special package to accelerate the construction of social housing, the MEF said

The economy minister confirmed that the Peruvian state has economic resources, so there is no need to apply for a loan from international financial institutions. | Fountain: Andean

The government of Dina Boluarte is preparing a “special package” to accelerate the construction of social housing in order to revive the economy and at the same time close the “huge gap” of citizens living in areas prone to the destructive effects of nature. . This was announced on Saturday by the Minister of Economy and Finance Alex Contreras.

IN Saturday FocusHe head of the IEF clarified that for this year there is a budget up to C/1 200 million for programs My housing stock And own roof; however, it is planned to raise funds to finance the said program.

“The main asset of many Peruvians is their home. A special package will be announced to accelerate the construction of social housing. […] We want to raise this fund to help revive the economy and close the huge gap between citizens who live in danger,” he said.

In this sense, contraras said that he recently asked Congress an “additional loan” of S$8,323 million to increase the budget. He confirmed that his presentation was still under consideration in parliament provide more details on the above package for possible approval from national representation.

He also explained that from the amount of additional credit will be used SGD 4.5 billion to finance the events of “Con Punche Peru”, among other things.

“Expenditure ceilings are approved by law, they are approved by Congress. But when more needs to be spent, additional credit must be requested from Congress. We requested an additional loan of 8.232 million soles, it has already been sent to Congress, ”he commented.

The Peruvian State Has Economic Resources

So the minister economy He stressed that the Peruvian state has the economic resources to fund the program and does not need to seek loans from international financial institutions.

“This is a necessary program, and we are going to provide it with comprehensive support from the economic side. The most important thing is that we have resources, unlike other countries that have to borrow, negotiate with the World Bank or the Monetary Fund,” he said.

On the other side, cabinet minister He also noted that Congress has been asked to provide additional resources for contingency reserve SGD 3.5 billion to help people affected by heavy rains that have devastated northern areas Lambaeque, La Libertad, Piura; as well as in different areas of the Lima region, including Chaclacayo and Cieneguilla.

Source: RPP

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