President Andrés Manuel López Obrador assured that the economic package delivered by the Secretariat of Finance and Public Credit (SHCP) to the Legislative is a “very realistic” document that will allow financing works and programs without increasing taxes.
“The document that was delivered is very professional, realistic, allows us to have income to finance works, programs, does not increase debt, they do not increase taxes, there is no gasoline, It is a good budget and the growth forecasts are going to be fulfilled: it is estimated that we will grow more than 6% this year. Rogelio Ramírez de la O is an expertHe is a good economist and I am happy, satisfied, with the proposal that was made to Congress ”, he indicated.
On the other hand, denied that the federal administration has made cuts to the budgets of autonomous organizations, as he pointed out that this does not concern the Executive.
“We receive their budgets from autonomous organizations and as we receive them they are sent to the Legislative. The Chamber of Deputies is the one that has the exclusive power to approve the public budget ”, explained the Tabasco.
In this sense, he pointed out that the main obligation of his government is “to guarantee the resource that will be allocated to all wellness programs, considering the increases to pensions, “he added. Likewise, he pointed out that compensation should be contemplated for support based on inflation.
On the other hand, he indicated that the Economic Package includes the amount that will be used in infrastructure works such as the Mayan train, refineries, highways, rural roads, Felipe Angeles International Airport, among other projects.
“It is also considered in the new budget what is going to be invested in the construction of the Tulum Airport, it considers everything necessary to guarantee the right of the people to health: free medical care and medicines,” said the president.
In this area, he highlighted that the government has disbursed 35,000 million pesos in the purchase of vaccines against COVID-19. “There has been no lack of a budget for what is fundamental,” he added.
It should be noted that the Economic Package is a document that contains the budget and estimates of the country’s public finances for one year. Its main components are: Income Law of the Federation, The Expenditure Law and the General Economic Policy Criteria. That is to say, is the federal government’s approach to getting and spending the money over an entire year.
During its delivery, Ramirez de la O He said that this year is built on three fundamental pillars: support for well-being, stability and soundness of public finances and support for regional investment projects.
Thus, the Ministry of Finance estimates income per 7,088 billion pesos and for this, he stressed that there will be no increase in taxes. In addition, the public spending He noticed little more than 7 billion pesos. Meanwhile, the country’s Gross Domestic Product (GDP) is expected to reach 4.1% and have a inflation of 3.4 percent.
They also estimated that the exchange rate is located in 20.3 pesos each per dollar, Meanwhile he oil barrel price estimated it at 55.1 dollars. Regarding the amount of public debt with respect to GDP, it is expected to be the same as this year, that is, 51 percent.
Regarding the tax issue, the government plans to collect 1.2 trillion pesos through VAT and 2.1 billion pesos through taxes on new cars.
One of the modifications that attracted the most attention is the zero rate for menstrual hygiene products such as sanitary napkins, tampons and cups; thus benefiting women of reproductive age who live in poverty.