Before a clamor widespread, the government has finally made known specifically the measures, goals and objectives with which it will face the aftermath of the war in Middle East.
It can already be said that the plan austerity It has its road map defined, committing the government to a serious effort in favor of economic and social stability.
The plan includes reducing current and operating expenses, both in advertising, vehicle purchases, as well as fuel, travel expenses and subsistence allowances.
The government will identify budget allocations in areas that could be reduced, including a 50% cut in the allocation to political parties.
The subsequent objective is to accumulate a reserve or savings of 40,000 million pesos to face the payment of the oil bill and social subsidies.
So that this attempt does not fail like other austerity announcements – where officials ignored the decrees – control of execution now falls directly to the Budget Director and the Ministers of Finance and the Presidency.
But good will is not enough. Transparency is needed: publish monthly in the press the balance of the savings achieved, with clear and accessible figures for citizens.
Furthermore, the government should offset the cut in current spending with an increase in public investment, to maintain economic dynamism and counteract the fall in GDP.
Only in this way will the credibility and trust that the moment demands be gained.
