From the Fobaproa to the megaprojects of the 4T: The debt that Mexico continues to pay

The deputy presented, for the third time, an initiative to eliminate payments to the Bank Fund for the Protection of Savings, after considering that the debt is settled Mexico City.- Federal deputy Rubén Moreira Valdez presented, for the third time, an initiative to eliminate payments to the Bank Fund for the Protection of Savings (Fobaproa), after considering that the debt is settled and challenged Morena to vote in favour, in order to better a…

The public debt, whose issuance implies more taxes for future generations, increased 1.1 trillion pesos during the first six months of Claudia Sheinbaum's administration.The records of the Ministry of Finance indicate that the federal public sector ended March with a gross debt of 18.8 trillion pesos, after reporting 17.7 billion pesos in September, closing the management of Andrés Manuel López Obrador.

The Fobaproa is and will be a recurring issue because, among other things, it is a debt that Mexicans and Mexicans are paying and will pay for several decades, so over here we look at the files to tell them what it is—or what it was—and what it was and what it didn’t happen to this fund. Especially because many were chavitos when it was approved or... they weren’t yet born. Photo: Daniel Augusto-Cuartoscuro. But now in networks we see the discus…

Fobaproa has been one of the worst financial ills inherited by the Mexican governments. It has cost us, 3.1 billion pesos, but it served to prevent the country’s bankruptcy. However, with the so-called “Fourth Transformation” in just six years, López Obrador raised the debt from 10.9 billion pesos to 17.4 billion pesos. And as far as the current administration goes, already added another 200 billion pesos.

Fobaproa has been one of the worst financial ills inherited by the Mexican governments. It has cost us, 3.1 billion pesos, but it served to prevent the country’s bankruptcy. However, with the so-called “Fourth Transformation” in just six years, López Obrador raised the debt from 10.9 billion pesos to 17.4 billion pesos. And as far as the current administration goes, already added another 200 billion pesos.

The Fobaproa has cost us, 3.1 billion pesos, but it served to prevent the country’s bankruptcy. However, with the so-called “Fourth Transformation” in just six years, López Obrador raised the debt from 10.9 to 17.4 billion pesos. And as far as the current administration goes, they already added another 200 billion.