Peru's two chambers clear a supplementary credit of S/ 8 228,4 million for El Nino work and public investment

28 October 2026

Peru's Congress has approved a supplementary credit of up to S/ 8 228,4 million. The money was divided four ways: S/ 702,9 million to guard against the effects of El Nino, S/ 2 308,6 million to keep essential services running, S/ 3 620,2 million for public investment and equipment, and S/ 1 596,7 million for unavoidable obligations. The measure came as Proposicion de Ley 5-2026-2031-CR. Its substitute text was cleared on 22 October by the Comision Bicameral de Presupuesto y de la Cuenta General de la Republica, whose chair Jose Arista Arbildo put it to the floor. The Chamber of Deputies passed it 83 to 10 with 27 abstentions, and the Senate 37 to 10 with 6 abstentions. Peru returned to a two-chamber Congress with the 2026 general election, so a national budget measure now has to clear both houses.