"An important element which I must point out is that this reactivation plan effort is made in strict compliance with fiscal regulations, that is, fiscal responsibility," Burneo indicated.
"We are going to work and develop this plan respecting the fiscal deficit ceilings, as well as the public debt ceilings over GDP; that is an important element," he added.
During his presentation at Congress' Economy, Banking, Finance and Financial Intelligence Commission, the Cabinet member emphasized the importance of maintaining public finances healthy.
"Healthy public finances are needed to aspire to lower debt service in the following years; this opens up more space for current spending and capital spending from the General Budget of the Republic," the minister explained.
"This plan, apart from being very respectful in its application with respect to fiscal ceilings, also has the great objective of not only reactivating the economy in the short term, but also that potential GDP is greater in the medium and long terms, which is essential for aspiring to higher growth rates," he added.