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Hidalgo achieves its best credit rating in 26 years; highlights its financial discipline policy
MX🏛️ PoliticsCenter3 hr. ago

Hidalgo achieves its best credit rating in 26 years; highlights its financial discipline policy

The state of Hidalgo has received its highest credit rating in 26 years from S&P National Ratings, recognizing its financial discipline policies under Governor Julio Menchaca Salazar. The rating was upgraded to 'mxAA-' with a stable outlook, highlighting improved fiscal strength, responsible spending management, and economic dynamism. Key factors include increased tax efficiency, particularly in the Income Tax (ISN), which saw a 32% increase over three years, and strategic investment in infrastructure projects like the AIFA-Pachuca corridor and the PLATAH Industrial Park, contributing to a 2.45% GDP growth rate exceeding the national average. The Secretary of Finance, Esther Ramírez Vargas, noted this is the second improvement during the current administration, enhancing investor confidence and positioning Hidalgo among the best-rated states for financial stability.

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El Universal logoEl UniversalIndependentCenter3 hr. ago
Hidalgo achieves its best credit rating in 26 years; highlights its financial discipline policy

The state of Hidalgo has received its highest credit rating in 26 years from S&P National Ratings, recognizing its financial discipline policies under Governor Julio Menchaca Salazar. The rating was upgraded to 'mxAA-' with a stable outlook, highlighting improved fiscal strength, responsible spending management, and economic dynamism. Key factors include increased tax efficiency, particularly in the Income Tax (ISN), which saw a 32% increase over three years, and strategic investment in infrastructure projects like the AIFA-Pachuca corridor and the PLATAH Industrial Park, contributing to a 2.45% GDP growth rate exceeding the national average. The Secretary of Finance, Esther Ramírez Vargas, noted this is the second improvement during the current administration, enhancing investor confidence and positioning Hidalgo among the best-rated states for financial stability.

Bias read (Center): The article presents a balanced account of Hidalgo's financial improvements, citing specific data and official sources such as S&P National Ratings and the Secretary of Finance. It does not overtly favor any political ideology but highlights the effectiveness of the current administration's fiscal政策

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