It’s a good time for Mexico

The peso showed its strength on Wednesday – after the result of the election in the United States – which shows that it is a good time for Mexico, said President Claudia Sheinbaum Pardo.

In his morning yesterday, he revealed that the same idea was expressed by the investor Larry Fink, president of the asset giant BlackRock, in the meeting they had the day before at the National Palace.

He agrees that it is a very good time for Mexico due to the economic strength that was shown yesterday (Wednesday), in particular, with our currency. It was a day of many movements related to the peso and all this, it is a very good moment for Mexico and economic development.

He revealed that the economic package for 2025 – which must be presented on November 15 – is practically ready. It will reduce the deficit and also, at the same time, maintain social programs, support for all rights and also investment.

Likewise, he said that another example of the solidity of Mexico’s economy is that the International Monetary Fund (IMF) ratified a few days ago its flexible credit line for the country for almost 35 billion dollars, although he estimated that at the moment it does not it will be necessary to use it.

Mercado Libre announces its investment plans

Asked about the meeting with Fink, the head of the Executive asserted that It was an important meeting because it gives us the opportunity to make known what the plan we have for our country is and the good indicators we have since the entry of the Fourth Transformation.

In the meeting with Fink, the president added, the issue of the development poles that are projected for this six-year term was also raised, where there are investment opportunities and international funds have a place in the country; We are talking about the development of ports and roads, mixed investment schemes that were negotiated with President López Obrador..

Hours later, the president met privately with the executive director and founder of the Mercado Libre platform, Marcos Eduardo Galperin Lebach, who together with his team presented their investment plans in Mexico to the president.

After the meeting, the Secretary of Economy, Marcelo Ebrard, announced that the company plans to exceed 2.5 billion dollars in investment in Mexico for next year.