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With 68 votes in favor of the plenary session Congress approved the draft supplementary appropriation submitted by Ministry of Economy and Financeto participate in emergencies in the face of a possible El Niño phenomenon and economic recovery, as it aims to meet the needs of organizations such as Indeci, Senamhi, envoy”which exceed the amount we currently have in reserve for contingencies.”
The debate went on for several hours because the president of the Congressional Budget Committee, Jose Luna, pushed for the inclusion of some 69 investment projects under the title “Fast Implementation Projects for Regional Economic Revitalization”, six of which will be implemented in the Vila El Salvador, San Juan de Miraflores, Villa Maria del Triunfo and Magdalena districts of Lima under the direction of the mayors of the apeistas.
Including such projects the investment budget was increased from S$504 million to S$520 million.
What other measures will be taken with these loans?
Among other measures, an emergency bonus of SGD 500 is also proposed for the administrative staff of the education sector, regional directorates of education, local governments and educational institutions of regional governments.
Likewise, as at 31 December 2022, S$1,000,000,000 is provided for the payment of judgment provisions, mainly for class preparation.
Another point for funding is the payment of financial compensation to medical personnel from the Ministry of Health, which implies an amount of SGD 462 million; and more than S$560 million will also be allocated to social programs and the creation of temporary jobs.
SGD 123.6 million will be allocated to create temporary jobs for the Luravi Peru Interim Program, and in the case of social programs, funding has been approved to deliver food to more than 730,000 vulnerable citizens and s/100 million to program “Glass of milk”.
SGD 350 million will also be allocated to the massive use of natural gas and access to liquefied petroleum gas, and about SGD 123 million to finance the storage of goods and assets (pipes) of the former project “Improving Energy Security and Development of the Country”. South Peruvian gas pipeline.
Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.