The effect of the pandemic in Guerrero

The article by Rogelio Agustín Esteban seeks to analyze the challenge that the covid-19 pandemic has been for the Guerrero administration during fiscal year 2020, since it inevitably had a highly negative impact on the approved budget for the fiscal year that is about to close.

He mentions that Tulio Samuel Pérez Calvo, head of the Ministry of Finance of the Guerrero government, said that the pandemic not only represents a health problem, it is an economic and budgetary issue, as well as detailed that said health emergency generated not only a change in the health of Guerrero, as the state administration made drastic decisions to boost the economy. He said that the intention was always in the sense of saving thousands of lives, trying to stop contagion through the suspension of tourist and economic activities, which represent a large part of the income of Guerrero. To date, the economic impact of the pandemic has resulted in the loss of thousands of jobs, formal and informal, in the seven regions of the state. He explained that the impact of the pandemic had an impact that exceeded 10 billion pesos of the State Gross Domestic Product and as a result thousands of jobs were lost.

The affectations for the state, by concept of federal participations amount to 1,487.4 million pesos, while in the contributions in 800.8 million pesos, which adds about 2,300 million pesos less than what was scheduled to be received in this year. He indicated that for the state it was necessary to launch an austerity program, generating in recent months two budget adjustments that resulted in obtaining 441.2 million pesos, which the finance secretary assured, were not enough since the expenses destined for the attention of the pandemic, until the month of October were 1,322.52 million pesos.

Agustín Esteban, R. (2020, November 26). Pandemia de covid-19, el mayor problema de la economía de Guerrero. Retrieved November 26, 2020, from https://www.milenio.com/estados/pandemia-de-covid-19-el-mayor-problema-de-la-economia-de-guerrero