The 2023 economic package lays the foundations for an orderly transition to the next administration: Ramirez de la O

The 2023 economic package lays the foundations for an orderly transition to the next administration: Ramirez de la O

The end of Andrรฉs Manuel Lopez Obrador’s six-year term will be the year of fiscal adjustment for the national project promoted in the current administration, while the Economic Package 2023 Laying the foundations for an orderly transition to the next administration, as emphasized by Rogelio Ramirez de la O, head of the Ministry of Finance and Public Credit (SHCP).

The federal official who appeared in Parliament Talking about the government’s fourth report and economic package for 2023, he emphasized that the government is seeking macroeconomic strength.

โ€œThe year 2024 will be the year of fiscal consolidation for this national project. We will pay for the macroeconomic strength of our country and our currency, adequate capitalization of the Mexican financial system, the creation of liquidity pools that will allow public finances to withstand external shocks, as well as provide space for action for the next government. We are convinced that the continuity of the nation’s project depends. on financial stability and discipline,โ€ he told lawmakers from San Lazaro.

During his appearance, deputies from the Morena congregation greeted the Treasury Secretary with a standing ovation.

Ramirez de la O pointed out that the macroeconomic framework presented in Economic Package 2023 It suggests GDP growth in the range of 1.9 to 3.0 per cent. Figures that conflict, for example, with the OECD’s 1.3 percent forecast.

He added that the economic growth in the following year will be driven by the strengthening of the local market, as well as the relocation of companies in the country, which is known as the rounding that has been driving the country in recent months.

according to Economic Package 2023expenditures are expected to be about 8.3 billion pesos, which corresponds to the estimated income in the initiative federal income law (ILIF) 2023, the resources to be obtained primarily from the payment of taxes by taxpayers, even without tax reform or miscellaneous tax.

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Ramirez de la or pointed out that Federal Spending Budget Draft (PPEF) Balanced, Responsible and Realistic, a discourse already heard in San Lazzaro in previous years, asserting that it supports the recovery of the economy according to the principles of austerity, efficiency and rationality.

“It is very important to emphasize that this economic package, under the direction of the President of the Republic, lays the foundations for planning a responsible, orderly and smooth transition to the next administration of the package presented,” he said.

After the presentation of the President of the Supreme Council of Higher Education, legislators from various circles issue their positions, within the framework of the analysis of the government’s fourth report on economic matters.


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