“We must remember that the expenditure budget is a fundamental policy tool, for which all the necessary actions must be carried out to allow an exercise, not only effective, but also efficient spending, in addition to promoting the transparency of the entire process of budget cycle,” said the economist who graduated from the Center for Economic Research and Teaching (CIDE) in his opening speech.
After the departure of Victoria Rodríguez Ceja as Undersecretary of Treasury Expenditures, on December 2, President Andrés Manuel López Obrador appointed de Botton as the official who would remain in that position. As it is a high command in the Ministry of Finance and Public Credit (SHCP), his appointment must be ratified by Congress.
Investment is key to the economy
Who previously served as director of Nacional Financiera (Nafin) and the National Bank for Foreign Trade (Bancomext), explained that “you cannot have economic growth as a goal if it does not permeate the sectors of society with the greatest lags.”
He considered it important to continue with the social programs established in this government, in addition to maintaining the stimuli of investment programs, such as the first and second announced by the federal government in conjunction with the private initiative, and that a third party is expected to boost activity economic.
Experience
Before directing Nafin and Bancomext, De Botton was general planning manager for the Tax Administration Service (SAT). He was also coordinator of advisers in the Economic Planning Unit of the Public Treasury in the SHCP.
During this period, various actions were carried out to establish the macroeconomic situation, achieve an adequate fiscal balance and maintain a sustainable trajectory of the debt without exceeding the debt ceilings approved by the Congress of the Union, explained de Botton.
“Based on this trajectory, I feel that you can have the confidence that I will respond to this great responsibility with technical experience, dedication and adequate communication with the relevant actors, with the integrity that said position refers to, efforts will be redoubled,” he said. .
The official also has experience in the private sector, developing financing products, he worked in the area of customer management of Corporate Banking at Citibanamex.
