The International Monetary Fund (IMF) reduced its expectations for economic growth for Mexico in 2016, due to a performance that is moderate in the export sector and low oil prices; to 2017, also revised down the forecasts, but estimates a slight acceleration of the economy; and in the medium term envisions a greater dynamism, supported by structural reforms.
The IMF released this year, the growth of Mexico will be 2.1 percent, four tenths less than the forecast in July, and the 2017, 2.3 percent, three tenths below that of the prior calculation; while in the medium term the mexican economy will reach a rate of 2.9 percent.
at a press conference In the context of the autumn meetings of the IMF and the World Bank, the chief of the Division of Economic Studies of the Research Department of the first organism, Oya Celasun, indicated that the low oil prices have clearly had an effect on the prospects of Mexico, but also the slowdown of the united States has influenced him.
he Explained that in the US the manufacturing sector has had a weak performance in comparison with the rest of the economy, and that has a direct effect on the prospects of Mexico.
For the world economy, the expectations have not changed with respect to the estimates of July, but compared to April, reduced by a tenth to 3.1 percent in 2016, and 3.4 in 2017, stemming from the slowdown in the US and the effects of the exit of the Uk from the European Union (brexit).
The economic adviser and director of the Research Department of the IMF, and Maurice Obstfeld, he explained that after eight years of the global financial crisis, the recovery remains limited and there is the threat of a stagnation, persistent in advanced economies, which may lead to the adoption of policies populist that restrict trade and migration.
Upon being questioned about the impact it will have on the world economy that Donald Trump won the elections in the US, Obstfeld said that the results would be dramatic, especially in trade policy, which produces uncertainty that affects investors and employment.
In that context, it was considered necessary that the advanced economies to maintain expansionary monetary policies, the government should increase spending on education, infrastructure, and technology, with the goal of raising productivity and reducing inequality.
COST OF CORRUPTION
To discuss in a panel the cost of corruption and its prospects, the editor of research of the International Consortium of Journalists, Emilia Díaz-Struck, he said that this reduces the opportunities of the generations and to scale to cases such as the Panama Papers, but it is very difficult to see where it begins, because it is a mixture of many things.
For his part, the director-general and director of the Legal Department of the IMF, Sean Hagan, indicated that the governments should be responsible for investigations into corruption, which is systemic and includes the public and private sectors, which creates uncertainty and investors will end up with no channel resources. The panelists stressed that corruption can only be attacked with strong institutions.
In Mexico, also in a round-table discussion, John Orozco Gómez Portugal, former president of the institute of certified Public Accountants, pointed out that the monopolies of the companies are also a form of corruption that continues to prevail in the country.
he Explained that these are constructed with the complicity of authorities permissive, that postponed the penalties, or are omisas. It is necessary a greater commitment on the part of companies in the private sector itself is eradicate the anti-competitive practices or corruption. the
information: Luis Moreno.
FUNDRAISING is UNPRECEDENTED FOR FOREIGN TRADE
The Service of Tax Administration (SAT) managed a fund unprecedented in the field of foreign trade by 14 thousand 200 million pesos at the end of 2015, arising out of actions of control.
The general manager of the Audit of Foreign Trade of the agency, Luis Eduardo Lara, said that a revenue average prior to the current administration of 2 thousand 500 million pesos, the last year closed down 14 thousand 200 million pesos collected by acts of control from January to August of 2016.
Was achieved with fewer acts of control in the past, that is to say, that the authority is more assertive at the time you apply these actions, supported by technology or digitization of the economy.
Interviewed after participating in the inauguration of the International Fair of Foreign Trade Investment in 2016, said that the main illicit trade are the wrong use of the programs of development, that is to say, the companies that have registered a Inmex and want to temporarily import with tariff preference and are actually facades.
information: Notimex/Mexico.
No comments:
Post a Comment