Public Spending

Cut in Public Spending: Time to buckle down

Cut in Public Spending: Time to buckle down

The drop in oil prices has affected public finances and the outlook seems without change in the short term. Therefore, a preventive measure has been to cut public spending 124 MMDP, and since there is no expected increase in taxes, our government is left with no choice but to recognize is time to buckle down, as the Secretary of Treasure stated on Tuesday April 21.