Peruvian Government Allocates 237 Million Soles for Lima 2027 Games
The Peruvian government has authorized a supplementary credit of 237 million soles to fund the organization of the XX Pan American Games Lima 2027 and the VIII Parapan American Games Lima 2027, as reported by busquedas.elperuano.pe.
Under the financial framework established by Law Nº 32744, the funds originate from the Financing Source of Public Credit Operations through Public Treasury Bonds. The IPD received this specific allocation to prepare infrastructure and manage operational requirements for the upcoming international sporting events.
Allocating Funds Across Specific Budgetary Codes
The 237 million soles are distributed across specific budgetary codes within the IPD’s Executive Unit 001. According to the published resolution, the funds are categorized under Non-Product Budgetary Assignments, specifically supporting the management, preparation, and execution of both the Pan American and Parapan American events.
Current expenditure accounts for the majority of the allocation. The budget dedicates 20,863,660 soles for goods and services and 186,158,382 soles for donations and transfers under the management activity for the Pan American Games, alongside 56,040 soles for capital expenditures in acquiring non-financial assets.
Financial Allocation Mechanisms Compared
| Event and Activity | Goods and Services (Soles) | Donations and Transfers (Soles) | Asset Acquisition (Soles) |
|---|---|---|---|
| XX Pan American Games Lima 2027 | 20,863,660.00 | 186,158,382.00 | 56,040.00 |
| VIII Parapan American Games Lima 2027 | 13,168,973.00 | 16,724,925.00 | 28,020.00 |
Enforcing Transparency Through Administrative Liabilities
Failure to adhere to the designated allocations triggers administrative liabilities under public budget regulations. The Office of Budget and Planning retains the responsibility of instructing the execution unit to process the required budgetary modifications promptly.
Frequently Asked Questions
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What specific law authorizes the supplementary credit for the Lima 2027 Games?
Law Nº 32744 approves the supplementary credit for the financing of actions against the El Niño phenomenon, infrastructure impulso, and essential services, which includes the credit allocation for the IPD.
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Which government entity directly administers the 237 million soles?
The Instituto Peruano del Deporte (IPD), acting as Pliego 342, manages the funds through its designated Executive Unit 001.
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What financial instrument backs the funding source for these games?
The resources are drawn from Public Credit Operations, specifically registered under Public Treasury Bond classifications in the public budget.
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