Peru Seeks $2.7B Budget Boost for Earthquake Response, $1.2B for El Niño Energy Crisis

The Peruvian government is requesting an accelerated $2.7 billion addition to the 2026 Public Budget (PGN) to address earthquake damage, alongside a $1.2 billion transfer to mitigate an energy crisis linked to the declared El Niño phenomenon. The move signals fiscal strain and heightened disaster-response needs, though details on funding sources and scope remain unclear.