translated from Spanish: 2020 Tax Package Approved in State of Mexico

Toluca, State of Mexico.- The plenary of the Mexican Legislature approved on Wednesday night the Fiscal Package 2020 of the Government of the State of Mexico and municipalities, which considers a general budget of 302 billion pesos and a debt of 6 billion pesos weights. In terms of the relevant amounts, 169 million pesos were granted for social communication, 16 thousand 674 million pesos to the Ministry of Finance, 1.817 million pesos for the Ministry of Justice and Human Rights, 26 thousand 249 million pesos for the Ministry of Finance, 1.817 million pesos for the Ministry of Justice and Human Rights, 26 thousand 249 million pesos for the Ministry of Justice and Human Rights, 26 thousand 249 million pesos for the Ministry of Finance Health and 46 billion pesos for the Ministry of Education.

For the Attorney General’s Office of the State of Mexico, 4 thousand 627 million pesos were allocated, 1.257 million pesos for the Electoral Institute of the State of Mexico and 5 thousand 649 million pesos for the Autonomous University of the State of Mexico.The units to the the amount increased to them were: the Ministry of Justice and Human Rights, The Ministry of Health and The Attorney General’s Office of the State of Mexico.

As for the debt, the Moreany majority managed to lower the original proposal of the executive, from 7.5 billion pesos, to 6 billion pesos, however, 2 billion pesos will be conditioned to a second go-ahead during 2020.



Original source in Spanish