Puerto Vallarta, Mexico — The new administration in Puerto Vallarta, led by Mayor Luis Ernesto Munguía González, is facing a significant fiscal challenge left by the previous municipal government. According to preliminary reports, the former administration may have left a public debt of between 350 and 400 million pesos, contradicting earlier assurances of a zero-debt transfer. Mayor Munguía González disclosed these findings to the public, emphasizing the critical need for a thorough review of the municipality's finances to determine the full extent of the liabilities inherited.
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