Economy Politics Country 2025-11-24T22:12:54+00:00

Nuevo León leads in municipal transfers and Nafin loans

Nuevo León's Treasurer Carlos Garza Ibarra stated the state is the top recipient of Nafin funds and leads in municipal transfers. He explained the 14 billion peso debt request is due to financial stability and urged municipalities to use their borrowing right. He also discussed the payroll tax hike and its impact on business, showing openness to dialogue.


Nuevo León leads in municipal transfers and Nafin loans

The official stated that Nuevo León is the state that makes the most transfers to municipalities. Nuevo León is the state that has absorbed the most from Nafin, and this is what concerns businessmen, who say there are no credits, but there are. In the comparison, we are the state that makes the most transfers to municipalities, he detailed. On the other hand, he insisted that the debt request exceeding 14,000 million pesos is due to the state's stable finances and urged municipalities to exercise a similar right: to request financing of up to 15% of their freely disposable resources. All municipalities in NL are in the green, so municipalities can also request up to 15% debt for their freely available financing. In this sense, the official detailed that Nuevo León is the one that captures the most resources from Nafin and has invested 300 million pesos in 1,379 credits. Some municipalities are already making their proposals and Income Laws, which allows each municipality to make a proposal... this only if authorized by the city council. We must visualize the increase in participations to municipalities in recent years, not as a claim, but as a reality, which is always a debate... they say they want to increase from 20% to 30%, but we are already at 25%. We would have to make a reassessment, he declared. He also considered that a concern for companies is the continuity in the delivery of credits to develop private investment. But it is a Budget project... it has to be approved by the Congress, there is sufficient communication with the private sector and the Congress to see what mechanisms are approved, or not, it is not compulsory... we can discuss it... we see how it fits and if there are conditions. What we want to reflect is something that already happens in other entities... the average is 3%, but there is a trend that it has increased in recent years above 3%... we can adjust it by about 0.5 more or less, but it is very little that the PyMes carry... the burden of two deciles is about 500 pesos annually for companies, commented the Treasurer. Any levy will have an impact, but our vision is the one that benefits them the most, added the official. Regarding the municipalities' claim, Garza Ibarra assured that expenditures to municipalities increased from 14% in 2015 to 18% in 2025 and currently up to 25% of federal participations are allocated. After presenting the 2026 Budget Package proposal to the local Congress on the deadline, Treasurer Carlos Garza Ibarra showed a compilation of what the project includes. The 300 million invested in credits could be leveraged to 6,000 million pesos. Some can use it, that's good because they are in the green light, complemented Garza Ibarra. Garza Ibarra assures that it does not have a considerable impact on the spending of the IP, however, he showed willingness to adjust the increase. It is a healthy level, that is why we can request it... there is no tinge of financial complication, added the official. We proposed to the Legislature to be able to exercise 15% of our freely disposable income because the Law allows us, through the Law of Financial Mechanisms that regulates any entity with debt. Tension with the IP over the increase in ISN and says it will remedy it for municipalities. The 4% increase in the Payroll Tax is a factor that, until the delivery of the project to the Official Part, was never shown to the local deputies or to the businessmen. Now for every peso there are 84 cents, not a peso. In 2015 it was yellow, in 2021 it jumped to green, when we are at this level for every peso there was 1.4 of debt. We have to see the multiplication that comes in the loans. We have talked with the businessmen over the phone on the weekend, today there should be some tables.