In the face of the imminent tax reform and other sectoral proposals that the Government plans to implement between this year and next, the National Council of Private Enterprise (Conep) urged him to maintain a dialogue open and transparent with the different sectors of the country to ensure that they do not stagnate, as occurred with other reforms20 years ago.
“To implement any reform in the country, it is essential to address several key structural issues, such as educationhe electrical sectorlabor informality and administrative efficiency,” said César Dargam, vice president of the Conep.
During a meeting with journalists, Dargam presented statistics on the current situation of the economyhighlighting areas where the income without harming the productive sectors or the most vulnerable in the country.
To achieve this, he indicated that it is necessary to evaluate the relationship income and State expenditure. He noted that five games consume 85% of the income tributaries projected for this 2024: education (26.3%), debt interest (25.8%), social protection (13.6%), health (11.5%) and electrical sector (7.8 %).
In this order, tax expenditure was estimated at 343,819.9 million pesos, equivalent to 4.6% of the GDP for this year. Of this figure, 1.8% corresponds to tax exemptions generalized to natural persons.
He Conep has received 135 sectoral proposals on the tax reformwith elements that could be discussed to improve collections, so the entrepreneurs They see it as positive to resume the fiscal pact that was left pending.
Dargam cited that Covid-19 had an impact on government finances: “Total expenditure has increased from 17% to 19% of gross domestic product (GDP). However, capital expenditure has declined by 1% of GDP and current expenditure has increased by 3%, reflecting a deterioration in the fiscal condition of the country.” He singled out the power sector as one of the sectors that requires immediate attention due to its impact on finances.
