The president of the Business Coordinating Council (CCE) in Baja California, Roberto Lyle Fritch, said the state government confirmed that the Business Trust (FIDEM) will not be dissolved as previously announced.
He announced that the FIDEM will be improved through dialogue with the private sector after a meeting between business representatives and state authorities, including the heads of the Ministries of Government, Economy, and Finance.
The meeting's sole focus was on the future of the trust, reflecting the importance of the issue for both parties.
With this new approach, the CCE believes it opens a path for collaboration that will improve the trust's operation, ensuring its transparency and maintaining it as a tool to drive the state's economic growth.
During the dialogue, the commitment to maintain open and constructive communication between both parties, based on the principle of unity and collaboration, was reaffirmed. As a result, it was agreed to work on three key areas:
1- FIDEM: A space for dialogue will be created to allow for reaching agreements and finding a middle ground that guarantees the continuity of joint work. Until the relevant modifications are made, the current trust fund will continue to operate.
2- Competitiveness: Mechanisms to strengthen the state's competitiveness will be analyzed and identified, with a view to boosting economic growth and attracting investment.
3- Payroll Tax: The feasibility of adjusting the Payroll Tax rate will be seriously, broadly, and in-depthly evaluated jointly, based on the positioning of the business sector as a measure to alleviate the tax burden on companies and promote formal employment, while considering the state's budgetary conditions and economic context.