Carlos Hurtado, director of the Center for Economic Studies for the Private Sector (CEESP), showed excellent results. concerns about an “irresponsible” budget that most of the Morena approved for 2024.
He noted that Moody’s upward adjustment to the growth forecast was positive, but criticized next year’s budget for be irresponsible and lack transparency on critical issues.
During Aristegui Live O 60th anniversary of CEESP, he added. What current economic situation in Mexico may be positive, but with next year’s budget approved, the country’s economy finds itself in a fragile situation.
“Budget 2024 is very irresponsible from several points of view. This puts Mexico in a vulnerable position and makes it socially irresponsible.“Without specific resources for the largest emergency in the country,” he said, referring to reconstruction after Hurricane Otis passed through Guerrero.
He called the budget inadequate, undemocratic and opaque in fundamental aspects. He also classified it as tax bomb for the next administration due to the level of debt acquired.
In addition, Hurtado noted that it is necessary greater interaction between social and economic policies. He emphasized the importance of economic policies on issues such as social inclusion and social mobility.
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On the other hand, he mentioned the commemorative event on the occasion of the 60th anniversary of CEESP, where he emphasized the importance of this center in the economic life of Mexico since its creation. He recalled that businessmen such as Claudio X. Gonzalez, Rolando Vega and Hector Larios participated in this training center.
He also emphasized CEESP’s cooperation in economic policy consultations, especially during important events such as the FTA.
“It was the first economic research center in Mexico. pioneer in the field, focused on issues beyond the bank’s concerns by participating in economic policy consultations with the government.”
The full interview can be viewed here:
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
