“This is how we demonstrate once again that the fight against corruption and tax evasion are measures that pay fruits in favor of Mexicans, since they fulfill their fiscal obligations and who must thank them at all times for their commitment to contribute to the development of Mexico,” said the Secretary of the Treasury, Édgar Amador Zamora to senators in his appearance for the gloss of the first government report.
That is why efforts have been redoubled to improve the efficiency in collection and combat tax evasion, instead of increasing taxes to those who already comply with the payment of these, said the official.
As an example, he highlighted more customs control through greater technological, logistics, legal and operational infrastructure, he explained that as a result, the collection of foreign trade taxes grows to rhythms greater than 22% in real terms.
The appropriate finance figures detail that from January to August of this year, income from tax collection was 88,656 million pesos greater than scheduled.
Discard spending cuts in sensitive areas
The secretary stressed that to achieve fiscal consolidation in this administration, there is no expense in sensitive areas, such as education and health.
“We are not cutting expense in sensitive areas and not only are we not cutting expense, but we are increasing, we are guaranteeing the welfare programs, we are guaranteeing the welfare axes on which the administration of the president, Claudia Sheinbaum, is support official.
Finance figures detail that in the January-August period, a budget for 6.28 billion pesos was scheduled, but it was reported, it was 5.96 billion, which represents an adjustment to public spending for 321,973 million pesos.
He stressed that with the goal of closing 2025 with a deficit of 4.3% of GDP, it is estimated that the public debt closes at a level equivalent to 52.3% of GDP.
“This is a level compatible with a sustained public balance over time. Well below the average of economic development countries; similar and congruent with the financing trajectory under very favorable conditions for the Public Treasury,” said the head of the Treasury.
He added that the stabilization of public debt has been achieved thanks to the measures implemented throughout the year, as part of a liabilities responsible management strategy, which has included the placement of new reference bonds scheduled to win in 2032 and 2038 for a total amount of 6,794 million dollars, as well as the early expiration of two bonds that should be liquidated in 2026 for a total amount of 3.593 millions.
