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Peru Budget Committee Backs S/257.56 Billion 2026 Spending Plan

Next week the full Congress will debate the measure following a brief window for additional proposals.

Overview

  • The committee approved a substitute text setting total 2026 public spending at S/257,561,619,143, about S/5.761 billion higher than 2025 for a 2.3% increase within fiscal rules.
  • The draft details targeted allocations, including more than S/2,535 million to sustain Universal Health Assurance, S/19.8 million to strengthen justice bodies, and over S/700 million in incentives for regional and local governments.
  • It combines temporary 2026 flexibility to reallocate resources within sectors with tighter controls on personnel spending and stricter budget certification requirements for investment execution.
  • Security policy features a results-oriented program to confront crime and organized crime coordinated by the Finance Ministry with Interior, Justice, the Public Ministry, and the Judiciary.
  • Reports differ on the vote tally, with RPP describing unanimous approval and El Comercio reporting 22 votes in favor, none against, and one abstention.