Economy

Government of Baja California holds first session of the Finance Advisory Council

The council sessions are looking to strengthen institutions of public and private administration

By Redacción2022-10-29T22:00:00+00:00

Marco Antonio Moreno Mexía, Secretary of Finance of Baja California, led the first session in Baja California of the Finance Advisory Council for Public Administration whose main goal is to provide financial support as well as lead the coordination of the state government between other institutions that are a part of the region’s public finances.

The state official reiterated that the goal of this Council is to investigate, analyze, and publish studies and technical opinions on financial matters, as well as revenue, expenses, public spending, public investment, public accounting, financing, and public debt. All of this in order to provide advice and assistance on these matters to each public agency and entity that is part of the state public administration.

Moreno Mexía pointed out that the person who presides over the Council is the Governor of Baja California, Marina del Pilar Ávila Olmeda, while its vice president is the Secretary of Finance. Its board members are the Secretary of Economy, Kurt Honold, and State Public Prosecutor, Olga Alcalá. There are also five other board members: Jorge Kuri, Juan Cota Trenti, Juan Ignacio Guajardo, José Baraquiel Fimbres, Mario García Franco, and Luis Cetto Salazar. In addition, there will be a technical secretary who will have the right to speak.

The Secretary and Vice President of the Council revealed that in the latest session they addressed issues about the financial deficit at the beginning of this administration and the actions carried out to improve the financial situation of the state public administration. In addition, the state’s financial plan was revealed where the main highlight is a reduction of current spending of around 1 billion pesos.

He also highlighted the increase in revenue state collection of around 2 billion pesos and the reform that increases the remuneration tax whose purpose will be investment in public security and hydraulic infrastructure, taking into account the financial situation of organizations who manage water and the needs that they have in order to provide services appropriately.