MEF authorizes US$172mn for sanitation projects

- Monday, June 20, 2011

MEF authorizes US$172mn for sanitation projects

Peru's economy and finance ministry (MEF) has authorized the transfer of 474mn soles (US$172mn) to finance sanitation projects under the government's Agua para Todos (water for everyone) program.

Of the total funds, some 441mn soles will be distributed to local governments and 31.9mn soles will go to regional governments, state news agency Andina reported.

MEF also approved the transfer of 8.32mn soles from the housing, construction and sanitation ministry to local public sanitation service providers (EPS).

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The projects have been declared feasible by the national public investment system (SNIP).

EPS and the regional and local governments will begin the selection processes for projects within the next 10 days, the report said.

Launched in 2006 by President Alan García, Agua para Todos aims to reach universal potable water and sewerage service coverage in Lima and Callao.