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August 15, 2024
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Sheinbaum’s commitments seem distant without tax reform

Sheinbaum's commitments seem distant without tax reform

“This universal pension for senior citizens, if we look at the issue of public finances, the numbers simply do not add up, especially if it is not accompanied by a tax reform, we have doubts, and this expenditure is only just beginning to increase, so if it is not accompanied by something that goes for the income part, it will be a bit complicated,” commented Nadia Montes de Oca, investment strategist at Franklin Templeton.

In a press conference, the specialist emphasized that four presidential commitments would generate greater pressure on public finances: universal pension and progressive for older adults from 65 years of age and for people with disabilities; guarantee scholarships at all academic levels for students from poor families; job training paid for young people who are unemployed and not studying, and retirements with 100% of the last salary for IMSS and ISSSTE workers.

“This will put more pressure on public finances, especially because the stabilization funds we already had have almost completely disappeared,” added Montes de Oca.

In October of this year, the new government led by Claudia Sheinbaum will take office, who has appointed, once again, Rogelio Ramírez de la O as Secretary of the Treasury, who is in charge of delivering the proposed economic package for 2025, which includes policies for the collection and allocation of public resources.



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