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By the end of 2019 the economy can grow by 2%



Five days after the Federal Government changed its growth forecast for this year at a rate of 1.6 per cent in time, the Finance and Public Credit Secretary (SHCP), t Carlos Urzúa, support of the president Andrés Manuel López Obrador and hoped the Mexico economy would grow by 2019 2%.

"We think we are growing at 2 per cent and if not a bit more, in one of the people I say more, but no, I don't listen," he said. This Friday will be a short presentation to the media at this time CCCXXII Deadline of Tax Officers, held in the Oaxaca City Cultural Center and Conference.

Hacienda published the Monday document Criteria for the 2020 Economic Policy, in which it cuts the growth forecast for 2019 to a range of 1.1 – 2.1% from one of 1.5 – 2.5 per cent.

The officer confirmed that the projections were "conceptual" in their projections to Bank of Mexico (Mexico) "as that is the way it must have been" and because it is respected Central Bank as an independent organization.

"Our 2% target remains, but there are different views, but if there is a difference between 1.6 and 2.1 at the moment (…) there is a definite increase of 2 per cent without," said the benchmark. e.

Following the CCCXXII Senior Meeting of Tax Officers, the main themes covered were fiscal configuration, strengthening Public Finance and debt management for the financial viability of the units.

Representatives from other federal groups also took part in the meeting: t Tax Administration and National Bank of Works and Public Services. In addition, 28 heads of finance and representatives from four other states in the country attended.

In his speech, Urzúa stated that a highly relevant subject for the Finance Department was a financial operation in the states.

In this sense, it has identified the dependency on its going, through the Co-ordination Unit with Federal Units, and the Tax Management System, to work in co-ordination "to allow public bodies to pay their debts." which they manage and so improve the flow of government departments. "

In the light of its partnership, the Head of Finance and Co-ordination Unit with Finance-related Units, Fernando Arechederra Mustre, has progressed the federal partnerships of January-March this year.

He also noted that there was a growth of 6.1 per cent in sections in the first quarter of the year, for the same period in 2018.


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