Thursday, July 30, 2020

50% of homes in Mexico have irregularities: National Institute of Sustainable Soil

José Iracheta, director general of the institution, reported that there are between 6.3 and 7.5 million irregular lots out of a total of 30.1 million habitable lots. In Mexico there are between 6.3 and 7.5 million irregular lots out of a total of 30.1 million livable lots, said José Iracheta, general director of the National Institute of Sustainable Soil (INSUS). “Every year 90 thousand families are added to the irregularity who do not find a formal alternative to regularize or have formal housing,” he said. The manager added that 50 percent of the country’s homes have some kind of irregularity, such as not having updated deeds. The south-southeast is the region of the country where the largest number of irregular properties is concentrated, which coincides with the areas with the highest level of marginalization in the Mexican Republic. About 80 percent of irregular settlements are of agrarian origin. In turn, Román Meyer, secretary of Agrarian, Territorial and Urban Development (Sedatu), mentioned that the urban improvement program carried out by the secretariat that he heads, aims to reactivate the economy through construction. “The objectives are to invest in public infrastructure, generate employment and increase the well-being of communities, as the president has said, 50 interventions will be carried out in 68 municipalities,” he said. On the other hand, Graciela Márquez Colín, Secretary of Economy, revealed that the word credit program has already activated 159,632 bank accounts, so that currently the dispersion of resources amounts to 3,990 million pesos. Meanwhile, Norma Gabriela López, director of Incorporation and collection of the IMSS, reported that until May 12, 146,621 applications have been approved for the solidarity credit program to speak. Of this amount, resources have already been granted to 132,827 microentrepreneurs, which represents a dispersion of resources of 3,320 million pesos. In addition, in the next few days these types of credits will begin to be granted to independent workers. It is estimated that this program could benefit 23,717 self-employed workers with social security. Likewise, Luis Antonio Ramírez, director of the ISSSTE, pointed out that the institute that he directs offers 21 insurances and benefits for active workers, retirees and pensioners. These insurances and benefits are made up of four main categories such as pensions (work risk, retirement, unemployment and old age, disability and life), social benefits (stay for child welfare and development, wake, day houses), cultural programs and sports (cultural, educational and sports promotion programs) and financial benefits. In addition, Antonio Ramírez mentioned that there will be a 1.5 percent reduction in the interest rate for the loans that the institute will grant throughout 2020. Regular loans will now pay 7.5 percent interest, while special and commemorative loans will be they will submit rates of 10.5 and 12.5 percent, respectively. “We at ISSSTE give average payroll loans at a rate of 10.4 percent, while commercial banks grant them at a rate of 24.9 percent,” he said. Iván Pliego, executive member of Pensionissste, stressed that the pensions granted by the institute charge the lowest commission on the market, which is 0.79 percent. “Workers who keep their account at PENSIONISSSTE can improve their pension by up to 9 percent, since we are not for profit and we distribute the profits generated in one year among the account holders,” he said.

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