Yucatán was ratified by the rating agency Fitch Ratings with A + (mex) stable outlook on its finances, a positive rating that generates certainty for the investment that creates jobs for Yucatecans.

This rating is obtained, however, in 2020, which became the most difficult year in the recent history of the entity with the arrival of the coronavirus pandemic, as well as the presence of three tropical storms and two hurricanes that caused the worst season rains of which there is a record, where 86 municipalities of the State were declared as disaster areas.

They also caused the loss of 90% of the crops and the state government allocated resources to meet the needs of the Yucatecans affected by these phenomena, according to a statement.

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As a result of the efficient financial policies applied by Governor Mauricio Vila Dosal, the international rating agency Fitch Ratings granted Yucatán a stable outlook rating, which supports the government's ability to pay loans, as well as its positioning with respect to the liquidity of resources to pay them in the established periods.

Economic environment

This rating was maintained despite the economic environment derived from the Coronavirus pandemic and with this the healthy finances of the entity are recognized. Last June, the rating agency Moody's reaffirmed the relevance of the financial discipline executed in 2020 and the state government obtained a Ba1 (A +) credit rating, which highlights the adequate and efficient management of state finances implemented and promoted by the administration. current, which allowed addressing and executing actions to address the difficulties mentioned above and through which the entity went through.

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Faced with this environment, the efficient management of state finances allowed the implementation of the State Plan to Promote the Economy, Jobs and Health of the Yucatecans, with which, among many extraordinary measures due to the pandemic, the temporary hospital Centro de Convenciones was enabled. XXI century, the General Hospital of Valladolid was temporarily expanded and food and economic support programs were implemented to protect the economy of the Yucatecans.

In addition, operating expenses were contained because the pandemic caused a lower collection, and in this sense, Fitch recognizes the impact on finances and resources destined to extraordinary expenses to attend the contingency, such as the “State Plan to Boost the Economy, Jobs and the Health of the Yucatecans ”.

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