Peru Municipal Fund Awards US$35.3 Million to 33 Local Governments
Peru's Finance Ministry will grant US$35.3 million to 33 winning municipalities under the FIDT 2026 competitive fund. Most projects target sanitation, farm infrastructure and schools. The post Peru Municipal Fund Awards US$35.3 Million to 33 Local Governments appeared first on The Rio Times .
The Fondo Invierte para el Desarrollo Territorial (FIDT) 2026 contest, run by Peru’s Finance Ministry, allocated S/138 million (US$35.3 million) to 33 winning local governments from the country’s two poorest regions. Sanitation projects accounted for 70% of the winning proposals, with agricultural infrastructure representing 26% of the funded projects and basic education covering the remaining 4%.
The competition targeted municipalities in poverty quintiles 1 and 2, which are predominantly rural highland and jungle regions throughout Peru, including Áncash, Cajamarca, and Loreto.
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