After meeting with governors from the northern region where they discussed priority projects for the states and the federal government in the next three years, Claudia Sheinbaum emphasized that Mexico has advantages, such as the strength of its economy, the investments that will be made in the coming years and the growth of formal employment.
“The world economy is highly integrated, even with a focus on regional markets rather than globalization, so obviously what happens in other countries has a financial impact on Mexico, but it would be very different if the Mexican economy were weak or there were no jobs…
“This speaks to the strength of the Mexican economy, which does have an impact on international financial movements, but which can be addressed,” he said.
The Morena member emphasized that what happened in the world’s stock markets cannot be classified as a “crisis”; however, she pointed out that the country must prepare for any scenario, so she will be evaluating the issue together with President Andrés Manuel López Obrador and the Secretary of the Treasury, Rogelio Ramirez de la O. the possible scenarios.
“It is something that happened three days ago; to classify it as a crisis, we have to wait and see. At the same time, we must prepare for any scenario. Now, the external debt has decreased. In these six years, the economy has strengthened. Are there international conditions that affect us? Well, yes, it is a globalized economy, but now we are in better conditions to face it, there are international reserves,” he mentioned.
