Today: September 27, 2024
February 20, 2022
1 min read

The Audit warns about more contracting of public debt

The Audit warns about more contracting of public debt

“In 2019 and 2020, the federal government made available resources from the Budgetary Income Stabilization Fund (FEIP), to address the drop in income provided for in the Federal Income Law in these years. To date, the fund has little availability, for this reason, there will be fewer resources to face a situation similar to that of these years”, refers the ASF.

In addition, by 2022 no new taxes will be incorporated and the collection will be supported by improvements in the current tax framework, in order to provide certainty for the performance of economic activities, encourage investment and favor the path of recovery, he explained.

Raise quality of spending

Given the prospect that spending pressures will continue to guarantee health, pensions and the payment of the financial cost, the ASF reiterated the need to raise the quality of spending by reviewing the programmatic structure by the executors of spending.

For this, the government must consider the results of the performance audits of the ASF, in accordance with the principles of the Results-Based Budget and the Performance Evaluation System, as well as what is stated in article 134 of the Constitution.

The foregoing with the objective of “that the Federation’s Expenditure Budget is consistent with income and financing in a sustainable trajectory, and allows the expansion of the federal government’s margin of maneuver to increase productive public investment,” he added.

With information from Dainzú Patiño.



Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

carlos pavón
Previous Story

Police increase siege in the house of Carlos Pavón

Investment of $3.1 billion for the Barrancabermeja refinery announced
Next Story

Investment of $3.1 billion for the Barrancabermeja refinery announced

Latest from Blog

Banxico executes new rate cut to 10.5%

Banxico executes new rate cut to 10.5%

The members of the Governing Board maintain inflation forecasts with upward risks, especially due to the possible persistence of underlying inflation, greater exchange rate depreciation and cost pressures. “The Governing Board evaluated
Go toTop