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AMLO’s plan won’t stop inflation, says Luis de la Rocha

Culiacán, Sinaloa. – The so-called “AMLO’s Anti-Inflation Plan“This is a really stable plan, as it includes only 24 products from…

By admin , in news , at May 10, 2022 Tags: ,

Culiacán, Sinaloa. – The so-called “AMLO’s Anti-Inflation Plan“This is a really stable plan, as it includes only 24 products from the original basket, and it does not propose to reduce inflation that was never registered in the last 21 years, confirms the President of Economic Development. State Congress Commission of Deputy Luis Javier de la Rocha Zazueta,

He insisted that a true plan against inflation should set a target of bringing inflation down to 7.68 per cent, currently at least 3 per cent, from what it was two years ago.

He added that in the absence of a financial strategy, the most aspirational of this stable plan is to maintain the prices of certain products over the next six months.

*What the President is presenting is not an anti-inflation plan, it is actually a stabilization plan, he said.

At the local level, the local legislator stressed the importance of the state government to immediately boost industrialization to generate greater economic flows, with companies such as gas, ammonia and aerospace parks still under construction. ,

Similarly, he said, promoting quality technical education for professionals, strengthening institutions like KONALEP and ICATSIN.

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In the same way, he proposed the federal government to channel more economic resources to education, rather than allocating it largely to welfare support, mostly seeking electoral gains.