Public Investment (PI) executed by the National Government in 2021 amounted to ARS1.108 trillion, which represents a growth in real terms of 148.5% year-on-year (YoY) and an execution of 92.2% compared to the current appropriation The increase with respect to 2020 is explained, firstly, by Capital Transfers (CT) (ARS859.259 billion), which recorded a growth of 187.4% YoY, and secondly, by Real Direct Investment (RDI) (ARS249.364 billion), which showed a real increase of 69.5% YoY. Public investment as a percentage of Gross Domestic Product (GDP) reached its highest value in the last five years in 2021, at 2.4%.