Tourism was the dependence with the greatest suitability in favorwith 126,216 million pesos, the explanation for the variation is the largest allocation of resources to mass passenger transportation projectsdetailed the Ministry of Finance and Public Credit (SHCP), in his report to the third quarter of public finances and debt .
Meanwhile, Pemex and the Secretary of Energy they had expenses greater than those approved by 78,737 million pesosand 46,666 millionwhich represented increases of 20.1%, and 37.1% respectively, the Treasury detailed. For the oil company, the adjustment was for greater expenditures on physical and financial investment, as well as pensions and retirements. In addition, for Energy the increase was for the financial strengthening of Pemex, as well as the coordination of the energy policy in electricity, the Treasury stated.
“Lately, since the support for Pemex began in 2019, very important variations have been seen in the Ministry of Energy because it is the one that transfers the capital contributions to the company, and it normally has overexercises, so those supports that are more than those approved, are normally reflected in a significant variation in the budget of the Ministry of Energy, this type of contributions for the Federal Electricity Commission (CFE) is also included here, as little is said about this,” commented the person in charge of Public Finance at IMCO.
Other institutions that reported upward adjustments were: Treasury, for the allocation of resources for the Contributions to the Pension Fund for Wellbeing program; increased spending for financial sector regulation; and for the control of customs operations. Also Public Education, for greater support for education centers and organizations; to higher and postgraduate education services; and to the production and distribution of books and educational materials, detailed the SHCP.
