Saturday, December 9, 2023

The 2024 budget projection for Durango will not allow for growth, they warn

The amount for Durango shown in the draft Federal Expenditure Budget (PEF) 2024 is not enough to achieve the growth required, warned the secretary of the Business Coordinating Council (CCE), Mauricio Holguín Herrera.

“We have been talking about this for many months, in Durango we have an inflation of more than eight percent, that is the truth, even if INEGI marks 4.4 in Durango, the reality is completely different”he explained.

Therefore, he considers that the budget increase will not help Durango. “We see now that the budget is from 37,160 million and it is a real increase that did not help Durango, it is below the inflation that INEGI put, not the real one.”

“If we respect the arguments given by INEGI, we are close to 150 million under that inflation, but we know that it is double, that is, the real inflation that we saw in Durango; We still need to be above 800 or a billion for the issue of inflation to arise. he explained.

Read Also:  Supermarket offers | Inflation has taken over the supermarkets: we buy less but we buy more

Therefore, it affects the economy of the entity, because it is a state that depends on most of the resources allocated.

“It has a big impact on Durango that is not able to develop, especially with public works, so the goal now is to create that local representatives and federal representatives can interact -fight for this budget, for an important increase for Durango” he pointed out.

And he warned that not reaching a greater amount would represent a serious problem for the next year, “We know that if it is accepted as it is and no increase is requested and no additional projects are sought for this budget that is coming, we will be in serious trouble in Durango” he explained.

Read Also:  A new brand of Chinese cell phone has arrived in Mexico, find out what it is

And inflation will be a bigger problem in Durango. “We know that 2024 will also have a problem to face, the federal election is coming up, the inflationary problem will also come, the United States will also have an inflationary problem and it will affect us, as well as the issue of remittances” he pointed out.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news