Peru’s National Agency for Investment in Infrastructure and Public Services (ANIN) is facing a significant financial shortfall of 3.4 billion soles under the outgoing administration of Jorge Balcázar. Official documents indicate that only 25.3% of the 830 million soles needed to continue seven priority projects aimed at mitigating the effects of the El Niño weather phenomenon were requested. Further complicating matters, eleven strategic infrastructure projects are currently suspended due to an international arbitration dispute with the Spanish company OHLA. The financial difficulties and project delays represent a substantial challenge for the incoming government, Fuerza Popular. These unfinished works and the lack of funding raise concerns about Peru’s preparedness for potential damage from El Niño. The situation highlights potential mismanagement and a lack of foresight in infrastructure planning. The agency’s new leadership will need to address these issues urgently.