Ramírez de la O’s meeting with investors in London is normal: Yorio

The meeting that Rogelio Ramírez de la O, head of the Ministry of Finance and Public Credit (SHCP) held with investors in London this week is not something out of the ordinary, said Gabriel Yorio González, undersecretary of the federal agency.

It is normal for the Treasury Department to have meetings with the investing public. We have calls all the time, as well as visits.said the official in an interview when asked if the meeting was to calm the markets before the discussion of the reform of the Judiciary, after this factor caused the depreciation of the peso at the beginning of June (https://shorturl. at/FSwFV).

On whether the reform of the judiciary is affecting the economy, he only said that a legislative and democratic process is currently underway, so we will have to wait to see the design of the proposed changes.

After participating in the forum The role of Multilateral Banking in regional economic growthYorio González reiterated that the Mexican economy is growing between 2 and 3 percent, so the country has economic stability, unemployment and joblessness rates are minimal, and international reserves are at their highest levels since records began.

Regarding her possible continuity in the government of the virtual president-elect, Claudia Sheinbaum, she commented that it is her decision if she repeats as an official, but in the meantime she is GOOD in the undersecretary of the federal agency.

The president (Andrés Manuel López Obrador) has ordered us to have an orderly financial transition. what does this mean? Refinance the debt; We have been refinancing, we carried out two simultaneous operations in the dollar market and in the peso market, we did it precisely to try to reduce the maturities that the next administration hashe indicated.