Drag Mexico debt from a 2,000 mdp billion per crisis of 94

Mexico drags a debt of a billion 2 billion pesos for 2025 derived from the decision of President Ernesto Zedillo to convert private debt into public, which every year impacts public finances, said Alfonso Ramírez Cuéllar, federal deputy of Morena.

We have paid approximately one billion 300 billion pesos, we have a balance for 2025 of approximately one billion 2,517.9 million pesoscommented when participating in the first seminar session 30 years of the financial crisis of 1994-1995organized by the Espinosa Yglesias Center (CEEY).

The serious problem is this crisis of public finances … It is a bleeding and a blow to the economy and especially for the stability of public financessaid Ramírez Cuéllar.

In this regard, Gerardo Esquive December errorbut of a succession of factors.

It had to do with the rise in US interest rates, the murder of Luis Donaldo Colosio and the attempt to avoid devaluation in the electoral context offering the tesoboneshe mentioned.

These financial instruments were very profitable and had to be issued to such a degree and magnitude that they ended up collapsing the country’s international reserves in net terms, since they would not reach to pay those who invested in them.

That is why the crisis and that is why the rescue, which was not greater because there was a decision of the International Monetary Fund and the United States government to rescue Mexico and avoid a second moratorium, which would have been catastrophic, even more than it was already The crisis for Mexicohe said.