Carlos Garza Ibarra will coordinate the Nuevo León Participation System Oversight Committee

Monterrey, NL. The Secretary of Finance and General Treasurer of the state of Nuevo León, Carlos Garza Ibarra, was elected as coordinator of the Participation System Oversight Committee of the Permanent Commission of Fiscal Officials.

The election of the treasurer of Nuevo León was held during the National Meeting of Fiscal Officials, held last Thursday, December 9, in the city of Boca del Río, Veracruz, the state government reported in a statement.

The operation of the Oversight Committee consists of assisting with the organisms of the National System of Fiscal Coordination in the studies, analysis and proposals in matters of its competence, and supporting the Permanent Commission of Fiscal Officials in its power to monitor the funds to which the Fiscal Coordination Law refers, as well as the rest of federal transfers of Federalized Expenditure.

In this context, in 2022 the role of the Vigilance Committee will be of special importance, since it will supervise the allocation and transfer of more than one trillion pesos that the federal government is estimated to distribute to states and municipalities.

Among the main attributions of the Vigilance Committee are:

  • Analyze the content, flow and timeliness of the information leading to the determination of shares and all other economic resources established by the Law and, where appropriate, propose the corresponding adjustments.
  • Know and review the calculation of the distribution coefficients of the shares and express their opinion.
  • Know and give an opinion on the processes of integration and determination of the participable federal collection, for the distribution and settlement of the participations in federal income.
  • Analyze and give channel to the clarifications requested by the entities or the Secretariat, regarding the information of the variables and, where appropriate, integrate a commission that examines in detail the pertinent one.

Carlos Garza Ibarra commented that he will propose that this Committee and the Subcommittees carry out the analysis of the impact of the federal reforms to the legal framework for action as soon as possible. Likewise, that a consensual review be carried out in the distribution of the Participations Not Referenced to the Participable Federal Revenue.

He added that the Committee will promote the conditions that generate legal certainty for the states in the use of information from the National Institute of Geography and Statistics (Inegi), as a source for integrating the variables that serve as the basis for calculating the coefficients. in the distribution of federal shares.

The Participation System Vigilance Committee is made up of the heads of the tax bodies of eight states, each of which represents three more states, adding up to a total of 32 that make up the federation.



Reference-www.eleconomista.com.mx

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