On Sunday, 16th of August the so-called “Institute to return what was stolen to the People” (Instituto para devolver al pueblo lo robado: INDEP) managed to collect more than $25 million pesos, despite the crisis caused by the pandemic by the COVID-19 also affected the auctions held by the agency.
The Institute to Give Back to the People the Stolen (Instituto para devolver al pueblo lo robado: INDEP) is a decentralized public body of the Ministry of Finance and Public Credit (SHCP) of the Mexican government created in 2018.
In the event that took place in the cultural complex of Los Pinos, the Independent sold 223 lots out of the 305 available, thus obtaining $25,200,000.00 pesos.
Resources obtained will be allocated to the municipality of Temozon, Yucatan.
During the auction, Jaime Cardenas Gracia, director of Indep, acknowledged that the economic crisis resulting from the Covid-19 pandemic affected the placement of the goods auctioned by the federal government.
A fortnight ago, in the fourth auction, the INDEP managed to sell only half of the lots and did not reach the point of profit, which was estimated at 50 million pesos as it only achieved $14 million.
Cardenas Gracia explained that the INDEP has decided not to bid more lots because it is known that it will not be possible to sell them because people do not have the resources right now.
Comments
more recommended stories
Cancun airport operating under 500 daily flights for 26 consecutive days due to OmicronAfter a positive streak of 26.
Turkmenistan wants to shut down the ‘Gates of Hell’ for good (Watch Video)‘Gates of Hell’ may soon shut.
Lopez Obrador back in his morning press conference after only one week of testing positive for CovidAMLO returned to his morning news.
SSP suspends clandestine party with alcohol, drugs and 30 minors in Kanasin, YucatanTwo people were arrested for holding.
An eco-friendly way to keep street cats warm in Egypt goes viral (Watch Video)In Giza, Egypt locals came up.
Yucatan Tourism Sector fears cancellation of conventions due to the increase in Covid-19 infectionsTourist Sector asks the population to.
Local businessmen express their interest to invest in La PlanchaBusinessmen from Yucatan and Mexico confirm their.
Dispute over land leaves a seriously injured person in Halachó, Yucatan (Watch Video)Violence breaks out in a Halachó.
Massive Icefish breeding colony discovered in AntarcticaA polar research exploration has discovered.
Tulum Hotel Association re-elects leader for three more yearsDavid Ortiz Mena will be president.
Leave a Comment