presupuesto anclado

English translation: budget anchored on...

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:presupuesto anclado
English translation:budget anchored on...
Entered by: DIANNE BEREST

09:13 Apr 13, 2021
Spanish to English translations [PRO]
Bus/Financial - Economics / Mexican national budget
Spanish term or phrase: presupuesto anclado
Estimados, ¿alguien me ayuda a comprender y traducir la frase en mayúscula?
En el periodo comprendido entre 2010 y 2019, el crecimiento promedio anual del PIB de México fue de un 2,3%. Esto permitió al país cumplir con las metas que se contemplaban en sus planes nacionales de desarrollo Y TENÍAN PRESUPUESTOS ANCLADOS, como los programas sociales, las tasas de interés, la inflación, y los pagos de la deuda.

My try so far: This enabled the country to meet the targets of its national development plans and ...?, such as social programs, interest rates, inflation and public debt payments.

¡Muchísimas gracias!
DIANNE BEREST
Montenegro
Local time: 07:37
budget anchored on GDP growth
Explanation:
https://www.bing.com/search?q=budgets anchored on&go=Search&...

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Note added at 6 hrs (2021-04-13 15:16:15 GMT)
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the technical concept of anchoring on GDP growth means to be pegged to GDP growth, in layman terms
Selected response from:

Francois Boye
United States
Local time: 02:37
Grading comment
Thanks very much for all the help!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3budget anchored on GDP growth
Francois Boye
4 +1set budgets accordingly
matt robinson
4fixed budget
neilmac


Discussion entries: 3





  

Answers


36 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
set budgets accordingly


Explanation:
As in, according to their national plans. I guess this is what they mean.

matt robinson
Spain
Local time: 07:37
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
Notes to answerer
Asker: Thanks Matt!


Peer comments on this answer (and responses from the answerer)
agree  liz askew
30 mins

agree  Cristina Zavala: "Set budgets according to..."
2 hrs

disagree  Francois Boye: This translation is not technical: no economist would speak like Matt..
5 hrs
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
fixed budget


Explanation:
A fixed budget is a financial plan that is not modified for variations in actual activity.
So, the target sentence could be translated something like this:
"This enabled the country to meet the goals set out in its national development plans, and THEY HAD/THERE WERE FIXED BUDGETS, such as social programmes, interest rates, inflation and debt payments..."


Example sentence(s):
  • Suppose we have a fixed budget for social care.
  • Each year, municipalities receive a fixed budget for social assistance from national government

    https://www.accountingcoach.com/blog/what-is-a-fixed-budget#:~:text=A%20fixed%20budget%20is%20a,known%20as%20a%20static%20budget.
    https://link.springer.com/chapter/10.1007%2F978-3-030-58023-0_7
neilmac
Spain
Local time: 07:37
Native speaker of: Native in EnglishEnglish
PRO pts in category: 28
Notes to answerer
Asker: Thank you Neilmac!


Peer comments on this answer (and responses from the answerer)
neutral  Francois Boye: It's not fixed! in layman terms, they would say: budget pegged to GDP growth...
4 hrs
  -> How do you know it's not a fixed budget? Social programmes tend to have a fixed amount set aside.
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4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
budget anchored on GDP growth


Explanation:
https://www.bing.com/search?q=budgets anchored on&go=Search&...

--------------------------------------------------
Note added at 6 hrs (2021-04-13 15:16:15 GMT)
--------------------------------------------------

the technical concept of anchoring on GDP growth means to be pegged to GDP growth, in layman terms

Francois Boye
United States
Local time: 02:37
Specializes in field
Native speaker of: Native in FrenchFrench
PRO pts in category: 60
Grading comment
Thanks very much for all the help!
Notes to answerer
Asker: Thank you Francois.


Peer comments on this answer (and responses from the answerer)
agree  Adrian MM.: https://forum.wordreference.com/threads/anchor-budget.215394...
1 hr
  -> Thanks!

agree  Orkoyen (X)
3 hrs
  -> Thanks!

agree  Luis M. Sosa
1 day 7 hrs
  -> Thanks!
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