Guadalajara Reporter

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Nov 05th
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Home News Guadalajara Metro debt up 82 percent

Metro debt up 82 percent

Debt in the eight municipalities that make up the Guadalajara metropolitan area has almost doubled to 6.38 billion pesos in the last two-and-a-half years. This represents a rise of 82 percent from 3.5 billion pesos when the last mayoral administrations began in 2010.

Put another way, total municipal debt in 2010 was equivalent to 790 pesos per person living in the metropolitan area. It now works out at 1,439 pesos for each inhabitant.

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