Autonomous bodies ‘survive’ in Economic Package, but cut their financing by 2025 – .

by time news

Los ‍seven ⁢ autonomous organs ⁤that seek to‍ be eliminated through a constitutional reform are still ⁤contemplated by the Ministry of Finance and ⁢Public Credit (SHCP) in the⁢ 2025 Economic Package, ⁤so they will receive, together, ‌a ⁢budget of 4 ⁣thousand ⁤422 million pesoswhich ⁣represents an annual cut of​ 16.46‌ percent compared to the⁤ budget approved in ⁢2024.

In fact, with⁤ the ​support that Petróleos Mexicanos ⁤(Pemex) will receive for 136 thousand 235⁣ million⁤ pesos In 2025 ⁤it would be enough to finance ‌the​ seven autonomous bodies 30 ⁤times.

In a disaggregated manner, the Federal Telecommunications Institute (IFT) ⁤ will⁢ be the autonomous body that will receive the largest amount of resourcess over the next year, with​ a total of one thousand 680 ⁣million pesoswhich translates into​ an annual decrease⁢ of⁤ 4.12 percent in real terms.

Meanwhile, ⁣the​ National⁣ Institute of Transparency, Access⁢ to ‍Information and Protection ⁤of⁢ Personal Data ‍(INAI) will have a budget of 993.9 ⁤million pesos, which means an annual reduction of 13.15​ percent.

For the⁢ Federal Economic Competition Commission (COFECE), financing of 687.8 million pesos is expected for its ‘last year of life’. This budget was ‍4.12 percent ⁢lower ⁤than what was approved ⁢in 2024.

The ‍National Commission for the⁢ Continuous Improvement ​of‍ Education (Improvement) has a budget ⁣of 399.4‌ million‍ pesos​ for next ⁤year, which meant a drop of 42.47 percent compared to the previous year.

In ⁣the​ case of National Council for Evaluation of ⁤Social Development Policy (Coneval), 287.8 million pesos were allocated, so ‌it will have ​an ​annual budget ⁣reduction ​of 32.89 percent in real terms.

Regarding the coordinated bodies in​ energy matters, the Energy ⁣Regulatory Commission (CRE) will receive 199.8 million pesos while the ⁣National Hydrocarbons Commission (CNH) will capture 173.2 ⁢million pesos, which represents ‍annual ‘scissors’ of 32.89 percent for both cases.

Once he ‍ decree⁢ of extinction of the autonomous bodies is published in the Official Gazette of the Federation (DOF), the Congress of the Union will have⁣ a period‌ of 90⁤ calendar days to make ⁤the necessary⁢ adjustments‍ to⁤ the laws.

According to the reform proposal, the functions of the COFECE will​ be transferred‍ to the Ministry of Economythose of the ​IFT will move to the Secretariat of Infrastructure, Communications and Transportation;‌ those of Coneval will ​go to ‍ National Institute ‌of Statistics and Geography (INEGI) and ​those of ​Mejoradu to‌ the Ministry of Public ⁣Education (SEP).

The functions of the CRE and the CNH will be⁣ absorbed⁤ by the ‌ Secretary ‌of Energywhile the responsibilities ​of the INAI will be ⁤allocated⁤ to various areas of ‌the Government of Mexico, such‌ as Public Service.

What are the key roles of autonomous bodies in Mexico’s economic landscape? ​

Interview between ‍Time.news⁤ Editor and ⁣Economic Expert

Time.news Editor: Welcome, everyone! Today we have‌ a very special ⁤guest, Dr. Aline Torres, an economist with a deep⁤ understanding of public​ finance and ⁤policy. We’re diving into ⁣a⁢ topic that’s been creating quite a buzz in⁤ the Mexican economic landscape: the proposed constitutional reform targeting seven autonomous⁣ bodies. Dr. Torres, thank you for ⁢joining⁤ us!

Dr. Aline Torres: Thank you for ⁣having me. ‍I’m excited ‌to discuss ‍this important subject.

Editor: Let’s start with the basics. Can you explain what these autonomous bodies are and ‍why they’re important?

Dr.⁢ Torres: ⁤Certainly!‍ Autonomous bodies in Mexico, like the Federal Telecommunications⁤ Institute (IFT) and the National Institute of Transparency (INAI), play​ crucial​ roles in sectors such as ⁤telecommunications, competition, and transparency. ‌They’re designed to operate independently from the government, ensuring accountability and ⁢fairness in these‍ areas.

Editor: Interesting. So, the Ministry‍ of Finance has budgeted 4,422 million ​pesos for these bodies, ​which is ⁣a reduction from previous years. What do you⁤ think⁤ is driving this budget cut?

Dr. Torres: The government’s decision⁤ appears to be part of ⁢a broader initiative ​to streamline operations and reduce expenditure. This aligns with the administration’s focus on prioritizing certain sectors,​ such as​ Pemex, which is receiving a significant boost. The stark contrast in funding highlights where the government’s⁣ priorities lie.

Editor: Speaking of ⁣Pemex, could you elaborate on how its budget could finance these autonomous bodies thirty times over?

Dr. Torres: Pemex is receiving over 136 billion pesos in support, which underscores the government’s commitment to bolstering its oil sector. ⁣By comparison, the total budget​ for these seven autonomous bodies is‍ relatively small. This provision⁤ raises ‌pertinent questions about the government’s focus on traditional sectors over independent regulatory institutions‌ that can promote competition‍ and transparency.

Editor: The Federal ‍Telecommunications Institute (IFT) is set to receive the largest allocation at 1,680 million pesos, but it‌ still faces a decrease. Why is ⁢this significant?

Dr. Torres: The reduction‍ in the IFT’s‌ budget reflects a concerning trend. Telecommunications is a rapidly evolving sector ⁤that requires robust oversight. While‍ the budget might seem⁤ substantial,⁤ the decrease indicates a potentially weakened capacity⁢ to enforce‍ regulations and protect consumer rights, especially in​ a ⁢time ‍of technological change.

Editor: You mentioned the budget cuts for the National Institute of ⁣Transparency (INAI) and ‌the Federal⁣ Economic ​Competition Commission (COFECE). What⁣ are the‍ implications of these cuts?

Dr. Torres: Both INAI ⁣and COFECE are fundamental for maintaining transparency and healthy competition in the economy. The given budget⁢ cuts—13.15 percent for INAI​ and 4.12‌ percent for ⁣COFECE—may ​hinder‍ their operations significantly, making it more challenging for ⁣them to ⁣address corruption and​ promote fair market practices. Over time,⁤ this could lead to less accountability ​and reduced trust among the public.

Editor: The education ⁢sector also ‌faces a steep cut⁢ of 42.47 percent for the National Commission ⁣for the Continuous Improvement of Education. What⁢ does this imply ⁣for‍ future educational policies?

Dr. Torres: Such a drastic reduction in education funding could have⁢ long-term negative effects on the quality of education and teacher training.‍ Education is an essential driver of economic development, and​ underfunding ​it‍ can slow progress ‍and exacerbate inequalities in society.

Editor: Given⁤ the significant reductions and the proposed elimination of these bodies, what are your predictions⁣ for the future ‌of ⁣public governance ‌in Mexico?

Dr. Torres: If these ⁢cuts ‌and eliminations proceed as planned, we might see ⁢a shift towards more centralized⁤ control rather than independent oversight. This could undermine democratic principles⁣ and exacerbate issues of transparency and accountability, which are crucial for a​ healthy democracy.

Editor: Dr. Torres, thank you for your insights into this complex ⁤situation. Your expertise sheds‍ light on how these budgetary decisions can impact the‍ future​ of Mexican⁢ governance ⁤and public policy.

Dr. Torres: Thank you for having me! It’s essential⁤ that we keep these discussions alive, as they play a critical role in shaping our society.

Editor: Absolutely! And⁤ thank you⁣ to ​our‍ audience for joining us. Stay ⁤tuned⁣ for more discussions on key ​issues impacting our world.

You may also like

Leave a Comment