States generate only 15.5% of their spending, warns Imco

by times news cr

2024-07-25 03:06:29

When reviewing the fiscal autonomy state between 2015 and 2023 and the expenditure incurred in 2024, the Mexican Institute for Competitiveness (Imco) determined that most of the country’s entities are very limited and do not generate their own resources.

In 2023, states barely managed to collect 15.5% of his own spending and his other resources were obtained directly from the Federationwhich involved impacting up to 3.3% the contracting of public debt.

To solve the Lack of resources in the entities and that the federal administration is not dependent on providing all the resources, Imco He pointed out that the next Government that he will lead Claudia Sheinbaum must consider a tax reform that reorganizes the taxes that the nation collects and rethinks the tax powers of states and municipalities.

Diego Diazcoordinator of public finances at Imco, told this newspaper that it is necessary for the government that is about to take office in a few months to make fiscal changes, where they are the ones who take total control, for example, of vehicle ownership.

“In particular, I think it is important to reiterate the need for the Federation to have control of this tax and for the amount collected to be distributed proportionally among the Federal entities”.

He noted that this would ultimately increase the income available to the states and would also remove the incentive that some of the country’s 32 plazas omitted for a cost electoral politician, But now it hits federal finances and drives up public debt.

“We observed that in 2023, the entity with the greatest fiscal autonomy was the Mexico City since the 43.3% of the income was generated from own sources,” he explained.

The researcher of the Imco He added that in terms of taxes, duties, contributions and others, the country’s capital obtained income of 117.4 billion pesos on its own account of the 271 billion pesos that it used in its budget, although it clarified that the fiscal treatment that the city has with the State and other entities of the Republic is different.

Secondly, he stressed that Chihuahua managed to generate 25.7% of its income from its own sources, where it was able to collect some 27 billion pesos out of a total of 104 billion pesos.

And for the Imco in its report on tax collection, the last place on the list with the worst fiscal autonomy was Guerrero that he could barely obtain 2.7% of his income in self-generation of resources where he barely managed to do 2.5 billion pesos of the 90 thousand required in 2023.

Finally, he insisted that with vehicle ownership, resources can begin to be distributed proportionally and a larger source can be obtained, but it has to be from the center of the country where these are gathered. contributions to make them more viable.

2024-07-25 03:06:29

You may also like

Leave a Comment