They will review 341 public trusts

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Alfonso Ramírez Cuéllar (Morena), chairman of the Committee on Budgets, said he would carry out a thorough analysis of public sector confidence in the federal budget review of the 2019 budget.

He said that according to the third quarter report on the economic situation, public finances and public debt of the Treasury and Public Finance (SHCP) as of September 30, 2018, there are 341 trusts in the country adding resources to 875,000 207 million pesos.

He noted that this amount reveals that there are certain resources that remain unused because they were set up to address the circumstances that have already been resolved, so that on the basis of a case-by-case analysis these resources could be used to strengthen public finances in the first the year of the elected President Andrés Manuel López Obrador.

Ramirez Cuéllar added that in the Budget Committee they are convinced that, without increasing the debt, MPs "should support" efforts to change the focus of spending on the company's priorities, through the availability of resources in confidential institutions labeled with opacity already indicated by the Federation's Supreme Audit (ASF) .

"Of the total availability at the end of the third quarter, 786,000 514 million pesos and 89.9% were concentrated in 25 trusts," he explained.

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