Elmer Cuba, Holder of the MEF: “We Are in Historical Spending Peaks per Person, Not in Minimums”
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The Minister of Economy and Finance (MEF), Elmer Cuba, stressed that the Public Budget for 2027 presented by the Executive Branch is the highest amount recorded in Republican history, which means much more resources for each Peruvian than in previous years, prioritizing services. During the support before the plenary of the Congress of the Republic he explained that the draft Budget 2027 amounts to S/266 506 million, higher in S/8945 million, eq…
The Minister of Economy noted that, in the last six years, it went from S/ 5,800 of budget per person to S/ 7,800. “Where some see minimums, the figure presents maximums,” he remarked.
During the support of Budget 2027, Minister Elmer Cuba said that the public expenditure per inhabitant went from S/5,800 to S/7,800 in five years, an increase of 32%. The MEF holder also defended the greater weight of regions and municipalities and assured that the budget prioritizes education, health and social protection.
The Finance Minister supported a proposal of S/266,506 million, 3.5% higher than the previous year's budget
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