The Peruvian Parliament approves the budget for 2022, 7.6% higher than that of 2021

Lima, Nov 26 (EFE) .- The Peruvian Parliament approved almost unanimously the public budgets for 2022, which reach 197,000 million soles (about 49,133 million dollars), 7.6% more than public spending in 2021 .

The budget obtained the votes in favor of 116 congressmen, compared to six abstentions and two votes against, after a debate that took almost three days of sessions, Congress reported this Friday in a statement.

The largest item will be destined to education, with 35,758 million soles (8,900 million dollars), which represents almost a fifth (18.2%) of the state budget.

The budget for education is 7.85% higher than that of the 2021 budget, increasing by 2,600 million soles (648 million dollars), which will serve to promote the return to face-to-face classes and reduce the digital divide in the areas rural areas of the country.

It is followed by health with a budget allocation of 22,207 million soles (5,487 million dollars), 6% more than that of 2021, which represents 11.3% of the total general state budgets.

In the health item there are 824.9 million soles (about 204 million dollars) to finance the care of the health emergency caused by covid-19.

Likewise, the agricultural sector will receive 6,000 million soles (about 1,500 million dollars) for its promotion and development, mainly through agricultural infrastructure and agricultural financing through the Agroperú Fund, for the preparation of business plans and productive reconversion.

Public investment will grow by 5% in 2022 compared to 2021 until reaching 41,000 million soles (10,225 million dollars), of which 31% will go to transport, 16% to education, 11% to the agricultural sector, 8% to safety and 8% to health.

Regional and local governments will receive 57,000 million soles (14,216 million dollars), of which 8,800 million soles (2,200 million dollars) will be for the needs in health, education, road maintenance and the continuity of strategic investments.

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