These are ministries that have not reached 35% of public investment.

This Thursday, Pedro Castillo celebrates his first year in officeagainst the background of criticism of his leadership and one of the performance indicators is the execution of the budget, which, according to economic experts, is moving slowly.

Data from the Transparency Portal of the Ministry of Economy and Finance, 14 out of 19 ministries did not score 35% execution of public investments; namely, They spent only 1 of the 4 soles they were allocated on building roads, schools, hospitals, and other infrastructure work.

“While the first semester of each year is typically characterized by poor performance, when comparing current government spending to previous periods, we find negative differences,” explained Paola Del Carpio, research coordinator for the Development Research Network (Redes).

“The novelty of this period is that the national government, which is usually the most capable and the most efficient, has deteriorated in performance compared to last year. The national government is making very slow progress, especially in sectors with large budgets.education, in which only 11% was invested in the first six months of the year, is of great concern,” he said.

Where does the budget of the ministries go?

Ministry of Transport, whose former minister Juan Silva is hiding from corrupt officials, received S/8’660 003 026 despite being the portfolio with the most resources, it has a 33% upfront. Meanwhile, education, the third sector with the largest budget, completed 18.6% of the assigned S/2,881,723,428 in context when face-to-face classes began in March when the controller found infrastructure damage to 50% of the premises. it has been examined.

Camila Ghezzi, head of economic policy at APOYO, a consulting firm, questioned the distribution of the budget, which goes more to pay staff than to work.

“The government’s fiscal policy is focused on increasing current spending rather than stimulating public investment. This is worrisome as it is a sub-optimal allocation of funds to stimulate the economy. Investment in public infrastructure creates more jobs, stimulates economic activity and the country’s future productive potential, while current spending has limited and short-term growth. If we see the execution only public investment grew by barely 25%, and this led to a fall in public investment of more than 6% in real terms in the first half of the year.”, accurate.

By August they will not reach 70%

A month ago, Prime Minister Aníbal Torres warned his ministers that if they do not reach 70% budget execution in August should make their position available. For former economy minister David Tuesta, this goal will be impossible because there was no way to appoint good ministers and officials.

“Unfortunately, it is very difficult for the government to achieve 70 percent execution. I think that the differentiating element that exists in this government compared to the previous ones is the problem of human capital, so we have the problem of the quality of a government official, a new government official released under the Castillo government, and for that we have to add a high turnover of kiosks.” , he explained.

In the country where more than 11 crimes per hour are recordedThe Ministry of Home Affairs, which changed its leader seven times, spent 36.5% of its budget of S$248,671,679.

In addition, the Office of the Ombudsman reported more than 48 femicides in June of this year, even though the Ministry of Women’s Affairs only spent 3% of its S$14,773.88 and The Ministry of Development and Social Integration has not spent a single sun from the allocated S / 308 281.