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The plenary session of the Congress approves an additional loan to the executive in the amount of more than SGD 8 billion.

José Luna Galvez – President of the Parliamentary Budget Committee | Fountain: CONGRESS OF THE REPUBLIC | Photographer: Victor Vasquez

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After the fourth intermission requested by the President Budget CommitteeJosé Luna Gálvez, Congress approved by a vote of 68 in favour, thirteen against and twenty-one abstentions a text replacing the opinion text of Bill 4482, which proposes the approval of additional executive credits.

This item is in total S/8 200 million designed to finance the large costs of economic reactivation, in favor of various specifications of national, regional and local governments.

preliminary consensus

Congressman Podemos, Luna Galvezstressed that after a meeting with representatives of deputy groups and the head Ministry of Economy and Finance, Consensus was reached on the inclusion of six articles, a final additional provision, two additional amending provisions and annexes 11 and 12, and the inclusion of a new annex 13 in the draft.

Similarly, the Unified Command of the Armed Forces was authorized to assess, qualify, draw up protocols and issue resolutions recognizing those who participated in the armed conflicts against Ecuador so that they would be the beneficiaries of an appropriate bonus, in accordance with the law providing for this for up to 31 July 2023.

In addition, as an exception, a budget modification of 17 million sols was allowed. Ministry of Education, in order to finance the implementation of payments to be made for collective bargaining held with trade unions in the industry.

It was also provided, as an exception, that in the case of an investment project having a declaration of feasibility or execution and subsequently found to be financed with resources from an external debt operation, the Directorate General of Multiannual Investment Programming (DGPMI) would be authorized to issue a positive conclusion about its viability.

previous dispute

Last Tuesday, a controversy arose on social networks between the chairman of the parliamentary budget committee, Jose Moonand Minister of Economy, Alex Contreras, following the opinion additional credit in the amount of SGD 8,200 million as part of the economic recovery.

In this regard, a tweet by the Ministry of Economics (MEF) pointed to the request of the head of the sector to the said committee of Congress to approve the aforementioned bill, to which Congressman Podemos replied that the opinion of the executive branch includes “the delivery of S / 123 million for the care of pipes belonging to debrechtdespite serious allegations of corruption.”

“In addition, he introduced an article in Congress authorizing the provision of subsidies Petroper And Repsol without legislative oversight, through the Fuel Petroleum Price Stabilization Fund (FEPC), an initiative that is not very transparent. Peru has already paid more than $12 billion to these companies since 2014. Jose Luna.

Faced with this situation, APP congressman, Eduardo Saluana, also member of the Budget Committee, in dialogue with RPP newsindicated yesterday that the state has committed itself to maintaining pipes South Peru Gas Pipelinea consortium made up of debrecht.

“The issue of S/123 million for the storage of pipes of the Southern Gas Pipeline is obligation which Peru adopted in 2017 by a supreme decree,” he explained.

“Peru has a guardianship not by accident, but because the Peruvian government made a commitment at the time,” he added.

In this sense, the parliamentarian pointed out that Peru already has two lawsuits with the International Center for the Settlement of Investment Disputes (ICSID) and that it would be unprofitable for the country not to assume contractual obligations.


Source: RPP

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