The increase in state revenue has cushioned the impact of inflation on state finances, assured Juan Partida Morales, Secretary of the State Treasury, recalling that the adjustment in the collection of taxes, rights and uses contemplated an inflation of 3.5% and currently the inflationary index already exceeds 8%, explained that the difference has been compensated with the good level of collection.
“Fortunately, the collection is going very well, above inflation in all items of taxes, rights and uses.. There is good expense control, we are trying not to exceed what we have authorized. The collection is above 20% compared to the same period last year, we are talking about an additional two billion, ”he argued.
Partida Morales maintained that they work in coordination with the criteria of the Ministry of Finance and Public Credit (SHCP) to define how inflation will impact next year’s budget projection.
Regarding the arrival of federal resources, the secretary commented that So far, progress is going according to plan.said that they hope that the downward adjustments they have had will be compensated towards the end of the year.
With the gradual increase in the Payroll Tax that came into force this year, the head of the state Treasury Department said that the response has been positive and the expectation is maintained of transferring little more than 800 million programmed pesos to the educational infrastructure trust. for this year, he specified that until last June they collected about 200 million for this concept.
Get the latest news in your email
Everything you need to know to start your day
Registering implies accepting the Terms and Conditions