The Secretary of Finance, Edgar Amador Zamora, has committed to strengthening stabilization funds, which include oil and financial hedges, among others, with the aim of preventing a possible decline in tax revenues. In a session in San Lázaro, Amador Zamora was ratified in his position, along with other officials from the agency. The Treasurer of the Federation emphasized the importance of strengthening revenue collection in times of uncertainty.
Amador Zamora pointed out that revenue collection for the first two months has exceeded expectations by 3.7 percent, thanks to economic activity and foreign trade. Additionally, he expressed the intention to maintain the investment/GDP ratio close to 25 percent to ensure economic growth and job generation. The priority will be the financing of strategic projects that promote growth and social and regional development.
Regarding fiscal policy, efforts will be made to improve taxpayer services and auditing to combat evasion. Amador Zamora stated that despite challenges, work will be done to achieve fiscal objectives. A prudent public credit strategy will be maintained to ensure the sustainability of public debt in the medium and long term.
The Secretary of Finance committed to strengthening the 'fiscal shield' to face potential external shocks without compromising macroeconomic stability. In his appearance, he assured that he would promote responsible fiscal convergence and reduce inequality. During the past year, efforts were made to increase the resources of the Budgetary Revenue Stabilization Fund, which currently amounts to nearly 103 billion pesos.
