Overview
- The Congressional Budget Committee approved the 2026 public budget text by a reported 22–0–1 vote, keeping the total at S/257.56 billion, up 2.3% from 2025.
- The executive’s plan prioritizes public security, health, education, social protection, connectivity, and agriculture, and the committee added execution safeguards such as tighter investment certification and limits on personnel increases.
- The proposal maintains a decentralized profile with S/59,164 million for regional governments and S/34,175 million for local governments, with the remainder for the national government.
- Before the plenary debate, the MEF is reviewing lawmakers’ region‑specific requests, including project CUIs and remuneration adjustments, with evaluations pledged on technical and fiscal grounds.
- In Argentina’s Catamarca, both legislative chambers approved 2026 budgets exceeding ARS 70,000 million largely for salaries with no built‑in pay rises, while the provincial executive sent a broader ARS 2.661 trillion plan projecting a deficit and seeking new borrowing authority.