MEXICO CITY, Nov 26, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- On Thursday evening, the Executive branch of the federal government presented the opposition in the Chamber of Deputies with around 80 observations on the various errors and inconsistencies uncovered in the Spending Budget Decree for 2005, making it unworkable.
The undersecretary of Legislative Connection of the Government Secretariat, Humberto Aguilar Coronado, confirmed that the re-assignations of around 41 billion pesos (US$3.64 billion) in the budget, agreed by the opposition, made government spending practically unviable as these should not have surpassed 22 billion pesos (US$1.96 billion).
At the end of the first session of the work group set up by deputies to identify errors in the budget, it was decided that the next step is to specify which of the decisions of the executive branch are acceptable and which are not.
Meanwhile, the opposition agreed that it would not allow the president to make observations on the budget, simply because he does not have the constitutional right to do so. Pablo Gomez Alvarez, coordinator of the Democratic Revolution Party (PRD) bloc, said that deputies no longer had the power to change the approve budget "as the legislative process has concluded".
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