FACE THE CRISIS of the water in Mexico It is an urgent and complex task that requires concrete actions and adequate financing.
According to data provided by the Mexican Chamber of the Construction Industry (CMIC)the allocation of resources to water infrastructure in 2024 amounted to 45 billion pesos.
However, this figure is considered insufficient to effectively address the challenges related to the water in the country.
The Chamber chaired by Luis Méndez Jaled, estimates that at least 90 billion pesos are needed annually for the next 10 years to resolve the water crisis in Mexico.
This figure represents double what has been invested on average in the last six years for modernize the water infrastructure.
It is evident that a significant increase in investment is required to meet the demands of drinking water and sanitation in the country.
Among the most urgent challenges is the need to modernize the agricultural irrigation and improve efficiency in the water use.
Currently, only 58% of the Mexican population has daily access to water in their homes, while millions of people lack drinking water and basic sanitation.
Furthermore, the overexploitation of aquifers and the contamination of water bodies are problems that require immediate attention.
It is essential to depoliticize the issue of water and make decisions based on scientific evidence and expert analysis.
Proposals such as elevating the National Water Commission (Conagua) to the rank of Secretary of State and doubling resources for water infrastructure starting in 2025 are steps in the right direction.
In addition, it is necessary to promote conservation measures and sustainable use of water, as well as promote a culture of responsible use of the resource.
The recent media attention on the water crisis reflects the seriousness of the situation and the need for decisive action by authorities and society as a whole.
Climate change, the growing demand for water and the contamination of water sources are challenges that require a coordinated and effective response.
The water crisis in Mexico is a task that must be taken seriously and addressed with determination.
Increasing investment in water infrastructure, modernizing agricultural practices, and fostering a culture of water conservation are essential steps to ensure a sufficient and safe supply of this vital resource for all Mexicans.
THE SECOND REQUEST from the United States for a Rapid Response Labor Mechanism (MLRR) panel under the USMCA is a reflection of the persistence of labor conflicts in Mexico. Despite 17 cases resolved jointly, the Atento Servicios case stands out for its lack of agreement. While Mexico considers that the necessary measures have been taken, the United States insists on the denial of rights. This disagreement underscores the importance of transparency and cooperation in the enforcement of labor rights.
THE CUT IN Mexico's growth projections by the IMF for 2024 and 2025 reflects a challenging global environment. Factors such as the COVID-19 pandemic, the Russian invasion of Ukraine, weak productivity growth and increasing geoeconomic fragmentation are impacting the pace of global expansion. Despite these adversities, global GDP is expected to grow by 3.2% in both 2024 and 2025.
FIBRA NOVA, PROPERTY of Grupo Bafar, announces a distribution of 264.9 million pesos to the holders of its CBFIs. This distribution, equivalent to 0.5750 pesos per certificate, represents a return of 2%, or an annualized rate of 8%. This move, which reflects the company's financial health, could have a significant impact on the real estate market.
URBI DESARROLLOS URBANOS, with a reimbursement proposal of 111.88 pesos per share, seeks the approval of its shareholders to delist from the Mexican Stock Exchange. This offer, significantly higher than its current price of 8.0 pesos, could be attractive to investors. However, the final decision will depend on the extraordinary general meeting of shareholders and the financial context of the company.
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