Budget project includes over B/.12 billion for works and social investment

The Ministry of Economy and Finance presented a comprehensive budget proposal for the fiscal year 2027 that earmarks more than B/.12,564 million for public works and social investment. This represents a notable increase from the revised 2026 budget, reflecting the government’s emphasis on boosting social programs and infrastructure development. The allocation breaks down across key sectors such as water and sanitation, housing, roadways, transportation, health, education, culture, and sports, aiming to address long‑standing deficits and to improve living standards for vulnerable populations. Minister Felipe Chapman highlighted that the budget seeks to balance economic growth with fiscal responsibility, ensuring that the additional spending does not jeopardize the country’s financial stability. The proposal also includes measures to enhance revenue collection and to streamline public expenditure, reinforcing the nation’s commitment to sustainable development. By directing substantial resources toward social investment, the government intends to stimulate economic activity, create jobs, and foster inclusive growth. The budget plan will now be submitted to the National Assembly for approval, where it will undergo legislative review and possible amendments. Stakeholders, including civil society groups and private investors, have expressed optimism that the budget will translate into tangible improvements in public services and infrastructure, ultimately contributing to a more resilient economy.