Government of Nuevo León analyzes implementation of zero-based budget

Monterrey, NL. The governor of Nuevo León, Samuel García Sepúlveda, analyzes with the Secretary of Finance and General Treasury of the state, Carlos Garza Ibarra, the possibility of implementing a zero-based budget, in order to optimize expenses and improve finances, he commented during the presentation of the cabinet that makes up the Effective Government bloc.

“We are reorienting all items, looking for strong savings, there is going to be an austerity project and we are creating a budget with new secretariats,” he said.

The zero-based budget consists of revaluing each one of the programs and expenses, always starting from zero, creating expectations about the following year, without references to previous years.

Meanwhile, the Secretary of Finance indicated that among the main actions of the agency it stands out to achieve a financial surplus, since the state has had a deficit for more than 10 years, “and it is understandable because more and more states have to cover more responsibilities than previously resolved by the Federation ”.

“Therefore, the objective is to achieve a financial surplus to have sufficient resources to carry out all the programs as part of the new Nuevo León,” he stressed.

The second point is to guarantee investment for development, since “for decades Nuevo León has struggled with budget efficiency that allows it to have a moderately efficient operating expense, where there has been a financial neglect from the state and for the non-contribution of federal resources for major projects ”.

The Treasury will seek to consolidate projects that were committed years ago so that they are ready in the next budgets.

Another challenge will be to consolidate public-private association (PPP) projects “because Nuevo León has the right conditions, public services, the economic capacity of the private sector, which is competitive, and the financial system that is eager to collaborate with the government to consolidate this type of projects ”, assured Garza Ibarra.

A fairer fiscal pact will also be promoted; the state government will continue to make proposals, with mechanisms and alternatives that promote that Nuevo León obtain more resources in the fiscal coordination system.

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