Strong finances, economic dynamism and security distinguish Yucatan’s business climate

(Photo: Diario de Yucatán)

At the inauguration of the 4th Annual IMEF Convention and Business Summit 2017, with the representation of Governor Rolando Zapata Bello, officials touted the state’s business environment…

MERIDA – “We see in the future of Yucatan new investments and the arrival of more companies that allow us to continue creating better paid jobs and maintain a sustained economic dynamism”, mentioned the Technical Secretary of Planning and Evaluation, Guillermo Cortés González.

The good public finances, the economic dynamism, the high level of public security and the stability of the macro and microeconomic indicators are the elements that distinguish Yucatan at a national level and allow us to see our State as a great showcase of opportunities for the arrival of more investments and businesses, informed the official.

(Photo: Diario de Yucatán)

“Yucatán is a financial, health, educational and tourism services hub; modern infrastructure and the quality of its workforce have made this a reality,” said Cortés González before more than 500 business, financial and business leaders who attended the Annual Convention.

In his message, the head of Seplan recalled that the Ministry of Finance and Public Credit classifies Yucatán among the entities that fully comply with the financial discipline provisions and that the Superior Audit of the Federation recognizes that the state has the best Federalized spending evaluation system in the country, having all the elements and instruments to make the use of federal resources transparent and effective.

Other indicators of Yucatán that Cortés González revealed to the IMEF members are that economic growth in the State has been sustained at 4% for four years, “almost double what the national economy grows”; and that the second fastest growing sector in the Yucatan economy is financial services, with a growth of 155% in 10 years, preceded by growth in the Information and Communication Technologies sector.