Introduction to Franklin Corlay Aguilar and His Role
Franklin Corlay Aguilar serves as the Secretary of Finance and Administration for Durango, a state in north-central Mexico. As part of Esteban Villegas Villarreal’s third gubernatorial report, Corlay Aguilar recently addressed the State Legislature’s Finance, Budget, and Public Accountability Commission.
Financial Progress and Transparency
During his presentation, Corlay Aguilar emphasized the responsible and transparent governance that has maintained sound finances over the past three years. He detailed the financial situation of Durango, focusing on income composition, public spending, and the state’s credit rating.
- Short-term bank debt stood at 1.283 billion pesos by the end of the second quarter in 2025.
- The state government regained financial stability and maintained a green light credit rating for its high credit quality.
Economic Landscape and Strategies for Growth
Corlay Aguilar responded to legislators’ inquiries regarding federal participations and strategies for economic growth reduction of federal income dependency.
- Federal participations increased by 11.9% compared to the planned amount as of July 2025.
- Actions were discussed to enhance Durango’s credit rating, a crucial indicator of confidence in the state’s financial management.
- Corlay Aguilar also elaborated on increasing revenue collection, allocating surplus resources, and promoting Predial tax collection in municipalities.
Key Questions and Answers
- Question:
Answer: As of the second quarter of 2025, Durango’s short-term bank debt amounts to 1.283 billion pesos. - Question:
Answer: By implementing responsible governance and transparent practices, Durango has maintained sound finances over the past three years. - Question:
Answer: Durango has focused on increasing federal participations by 11.9%, enhancing credit ratings, and promoting Predial tax collection in municipalities.
