This would be the highest investment of the six-year term; however, it is still at levels below what was reported between 2013 and 2015, according to agency data.
In this six-year term, it is recurrently observed that the planned amount of the investment is lower than what is actually observed. In 2019, the first year of government, it was up to 131,000 million pesos below what was planned, explained the specialist.
“Anticipating that there would be a delay in investment of 7%, which is what this government currently averages, we would expect that the amount of investment for 2023 will remain 77,000 million pesos below the goal, with this the effective investment would no longer exceed 2016, just in case it would manage to improve compared to 2017 and 2018, when the austerity measures of the past six-year term had already been established,” said Cano.
Spoiled and losing states
The analysis of Mexico Evaluates the 2023 Economic Package determines that there is no doubt that there are investment projects and consented states.
Of the 196,000 million pesos of extra investment that will be in 2023; Chiapas, Quintana Roo, Tabasco and Yucatan they will obtain 109,000 million, that is, 55% growth.
The entity that will benefit the most will be Yucatan, with 37.5 billion in public investment, 542% higher or 31.6 billion more than this year. This increase is mainly due to the fact that it will receive 29.2 billion for the construction of the mayan train.
Compared to the average from 2013 to 2018, 17 entities will receive together, next year, 117,500 million pesos less in investment,
The main loser will be Mexico statewith 35.5 billion pesos, 57% less than the average in the administration of Enrique Peña Nieto, despite being the most populous entity in the country.
Other states with severe cutbacks are Baja California Sur, Colima and Tamaulipasall with reductions greater than 50%. Aguascalientes, Baja California, Veracruz and Zacatecas will have cuts greater than 30%.
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