Pension Rescue: State Unsecured Credits Explained

by Archynetys Economy Desk

Although she did not specify how much they amounted to, Ariana García Vidal, head of the Ministry of Finance (Sefin), confirmed that the State Government requested unsecured credits to cover payments to the State Pensions Directorate (DPE).

The state official established that such loans were concentrated on “rescuing” said institution – noted during the current six-year term of maintaining millionaire debt-, therefore, bonuses were not considered.

In an interview, he stated that the state administration will no longer request more short-term loans during December, given that the Sefin already has sufficient financing to deposit the resource for said benefit to the working base.

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“Not only for the bonuses. In this case they were specifically intended for the issue of pensions as it became known to everyone. He governor came forward to power rescue this entity“, he stated.

A few weeks ago, the DPE and the General Secretariat reported that from September 26, 2021 to October 2025, the state injected 11,430 million pesos into the DPE, of which 3.36 billion were deposited in the last 17 months.

In addition, 1,200 million will be delivered in the last two months of the year. Added to the bonus payment, it results in a total of 12,630 million pesos. Which means that one of the credits corresponded to the amount of the last two months.

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