For the second consecutive semester, the balance of the public debt of the State of Chihuahua fell, now by more than one billion pesos, establishes the Analytical Report on Public Debt and Other Liabilities recently released by the Ministry of Finance.

At the end of the first quarter of 2023, the entity’s liabilities decreased by 1,203,840,576 pesos, compared to the end of 2022.

The foregoing, given that the debt balance at the end of last year amounted to 57 thousand 335 million 306 thousand 216 pesos, but at the end of March the amount was concentrated in 56 thousand 131 million 465 thousand 640 pesos.

Still at the end of September 2022 the amount was 57 thousand 548 million 530 thousand 243 pesos, establish the same quarterly reports.

According to the latest document, the reductions are practically reflected in the items of short and long-term debt, as well as indebtedness with suppliers, it refers. For example, the balance of the short-term debt fell from 2 thousand 41 million 690 thousand pesos to 1 thousand 491 million 910 thousand pesos from one quarter to another.

Also the long term

The long-term debt also decreased, although slightly, going from 32 thousand 626 million 161 thousand 537 pesos to 32 thousand 587 million 545 thousand 822 pesos.

While the “other liabilities” segment, which concentrates, among others, debts to state administration suppliers dropped from 6,498,755,095 pesos to 5,559,414,421 pesos.

The report states that in the first three months of this year 58 million 650 thousand 590 pesos were paid in interest, an amount that is less than the 67 million 62 thousand 504 pesos that were disbursed in the same item in the same period but last year .

Where interest payments did skyrocket was in the long-term debt category, where only between January, February and March 928 million 646 thousand 230 pesos left the state coffers, compared to the same months of 2022, when 534 million 651 thousand 287 were disbursed.

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