In the three levels of government (national, regional and local) viable Public Investment Projects (PIPs) hit 16,633; these totaled S/.54.989 billion by October 12, 2015, the Economy and Finance Ministry (MEF) announced.
PIPs declared viable by local governments -and executed through public investment projects- totaled S/.30.816 billion (about US$9.54 billion).
These are followed by PIPs approved by national governments, which amounted to S/.18.916 billion (about US$5.856 billion).
Finally, regional governments passed PIPs worth S/.5.257 billion (about US$1.627 billion).
Since January to October 12, 16,633 PIPs were declared viable by the three levels of government. These stood at S/.54.989 billion (about US$17.024 billion).