Overview
- The government announced the S/18,000 million package on Friday, October 23, 2026, with S/2,500 million for temporary cash bonos, S/13,000 million for infrastructure, S/2,000 million for maintenance and S/500 million for fuel subsidies.
- MEF confirmed a one‑time bonus of about S/200 for roughly 800,000 ONP pensioners to be paid from December, while the remainder of the S/2,500 million envelope will fund short‑term transfers for vulnerable households over three to five months.
- Critical operational details remain unpublished, including official beneficiary lists, per‑household amounts, eligibility rules, payment channels and the multisectoral triggers that Midis, ENFEN and Indeci must set before disbursements start.
- The Labor Ministry raised suspensión perfecta as an emergency option for firms that cannot operate, but the Economy Ministry called it an extreme, not adopted policy and said Sunafil would verify any force‑majeure workplace suspensions.
- MEF presented the package as a short‑term, countercyclical use of Peru’s fiscal room with public debt near 30% of GDP; Fitch kept a ‘BBB’ rating but cautioned that execution challenges and slower growth from El Niño pose risks.