RE:RE:The distribution of 40% of the canon to local province might Outlined in the regulation is the establishment of a formal Board of Directors led by representatives from the Government of Peru, PetroTal, and groups representing the local population near the Bretana oil field.
Canon1 Redistribution
The Peruvian Economic Commission of Congress has approved the redistribution of the Canon for the Loreto region. If approved by the Executive, as expected, the share of the Canon going to the Loreto producing district should increase approximately six times starting in 2024. This would allow the Puinahua Municipality to increase its budget and, together with the 2.5% social trust fund, make a significant impact on the lives of the Puinahua district population.
1 Canon is the method used by the central government to allocate funds back to various producing regions and communities in Peru.
The local groups of Puinahua have clearly rejected Perez and the AIDECOP and if he/they do intercede again I feel confident such action will again be strongly rejected and dealt with as will any involvement by the Lareto Governor to abuse the funds.