2018-12-06

Law No. 30879 - Public Sector Budget Law for Fiscal Year 2019

The Peruvian Congress enacted Law No. 30879 to establish the Public Sector Budget for Fiscal Year 2019, mandating precise expenditure allocations across national, regional, and local government tiers. This legislation details spending distribution by ministries, budget programs, functions, and funding sources through eight comprehensive annexes while linking to complementary statutes on financial equilibrium (Law No. 30880) and public debt management (Law No. 30881). The framework standardizes grant allocations for legal entities and international quota fees to ensure fiscal compliance and transparent resource deployment throughout the designated fiscal period.

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