Title: FIDEM Funds to Prioritize School Infrastructure Rehabilitation
This Thursday, the Governor of Baja California has announced plans to redirect the Business Trust Fund (FIDEM) towards educational purposes, specifically for the repair and enhancement of school infrastructure. Kurt Honold Morales, the head of the Secretariat of Economy and Innovation of Baja California (SEI), explained that the state is considering revising FIDEM’s guidelines to allocate these resources to improve schools, particularly those located in the most underprivileged areas.
Honold Morales mentioned ongoing discussions with business sector representatives regarding the possible changes in the fund’s operational rules. He emphasized the need for a mutual agreement between the state and private sectors before the 2025 fiscal budget is finalized. “We aim for a consensus where the funds can be channeled into repairing schools that are in dire need of support, especially those in peripheral regions,” he stated.
Governor Marina del Pilar Ávila Olmeda reiterated her commitment to eliminate FIDEM for resource reallocation to education. “Education is crucial, and removing FIDEM is part of ensuring these resources directly benefit school infrastructure rather than being managed by private bodies,” she asserted.
The enterprise community appears open to exploring this option, recognizing the substantial need for infrastructure upgrades. However, they also stress the importance of ensuring the funds address the city’s strategic projects for broader societal benefits.
Secondary Article: Related News Highlights
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