Sheinbaum meets with Francisco Cervantes, Carlos Slim and Marco Antonio Slim Domit

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President Claudia Sheinbaum held a meeting on Monday with Carlos Slim and the president of the Business Coordinating Council (CCE), Francisco Cervantes, about the “good forecasts” for the economy in the country at the end of 2025 and for 2026.

The meeting took place at the National Palace and lasted about three hours.

“At the National Palace, we spoke with engineer Carlos Slim and Francisco Cervantes, president of the Business Coordinating Council, about the good forecasts for the economy in Mexico at the end of 2025 and for 2026,” Sheinbaum noted in a message on social networks.

Lee: Banamex cuts forecast for Mexico’s GDP in 2025 to 0.2%

In addition to the message, the president published a photograph in which both businessmen appear next to her and also in the image is the president of the Board of Directors of the Inbursa Financial Group, Marco Antonio Slim Domit, who is also a member of the boards of his father’s companies América Móvil and Grupo Carso.

On Friday, Sheinbaum acknowledged that the country did not register the expected economic growth in 2025, but defended that the economy “is solid” and that the model promoted by his Government continues to work despite the adverse international context.

The president explained that the lower economic dynamism is not related to internal factors or to reforms promoted by her administration, as her opponents accuse, but to “multiple external variables,” including the economic slowdown in the United States, Mexico’s main trading partner.

You may be interested in: Mexican economy stagnated in October, according to preliminary data

Sheinbaum pointed out that the fall in US demand, particularly for automobiles, has reduced Mexican exports of the sector, one of the main branches of the national economy.

Sheinbaum sees optimism about the end of 2025

She stated that she was “very positive” about the economic closure of 2025 and the country’s behavior in 2026, ensuring that her Government will promote a broad public investment program and financing schemes for strategic projects. “There is confidence and there will be more,” he guaranteed.

Sheinbaum’s statements came after Inegi adjusted the final decline in gross domestic product (GDP) for the third quarter to -0.2% quarterly, after estimating in October that it had fallen -0.3%.

According to analysts, Mexico has avoided a technical recession after not being so affected by United States tariffs, although the economy maintains a weak performance and estimates growth of just 0.5% in 2025.

In another message this Friday, Sheinbaum also reported that he met with two managers of the HSBC firm.

“We received the executive director of HSBC, Michael Roberts, and the general director of HSBC Mexico, Jorge Arce, at the National Palace. We talked about the great opportunities for our country,” said Sheinbaum.

With information from EFE

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