President Claudia Sheinbaum presumed on Friday of confidence in the country of markets despite global tensions, especially by the commercial war unleashed by the United States, highlighting the strength of the Mexican weight and financial stability.
During her conference at the National Palace, the president highlighted a series of positive economic indicators in addition to underlineing some advances achieved during the administration of her predecessor, Andrés Manuel López Obrador (2018-2024), such as the reduction of poverty.
In this context, Sheinbaum highlighted the decrease in the interest rate to 10 years, which implies a lower perceived risk, as well as the strength of the peso against the dollar, which opened the day in 19.14 units per dollar, its best level in everything that goes 2025.
“That is, there is confidence in our country (…) even with all international economic difficulties,” he added, noting that both public and private investment continue to grow.
He also cited statements by the Secretary of Commerce of the United States, who expressed the intention of “reimagining the relationship with Mexico to do business together.”
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On the other hand, Sheinbaum stressed was the recent review of the World Bank on the decrease in poverty in the country, which concluded that 11 million Mexicans left poverty between 2018 and 2022, almost two million more than those initially reported.
“That is, there are no longer 9.5 (millions of Mexicans who came out of poverty), but 11 million, said by the World Bank. That is to raise the mood,” he said.
The president framed these achievements as part of the continuity of the political movement he leads, known as the fourth transformation, defending that macroeconomic foundations are solid and that his government will continue to promote development with social justice.
The forecasts of analysts and various international organizations, however, warn that Mexico’s economy faces a marked deceleration this year.
The Bank of Mexico (Banxico) underwent its growth forecasts for the Mexican economy, the second most important in Latin America, by estimating a growth of 0.1% in 2025, compared to 0.6% planned three months ago, and below the 1.2% expansion recorded in 2024.
With EFE information
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