He commented that if the entire administration of his predecessor, Andrés Manuel López Obrador, is taken into account, the Mexican peso appreciated 3.3%, while from Luis Echeverría to Enrique Peña Nieto, the Mexican currency lost value against the dollar.
In addition to the exchange rate, Sheinbaum highlighted the increase in the minimum wage, with which there is a 135% increase in purchasing power compared to 2018.
“Mexico went from last place to above the average level, and we are going to continue increasing the minimum wage, as you know, until we can reach 2.5 basic baskets.”
In terms of minimum wage, Mexico went from last to sixth place in Latin America between 2018 and 2025. This year it increases three times above inflation. The 4T gives results. pic.twitter.com/2XAQoy58Dl
— Claudia Sheinbaum Pardo (@Claudiashein) January 2, 2025
Regarding the unemployment rate, he said that Mexico’s is 2.5, equivalent to Japan; and only South Korea, in terms of OECD countries, has a lower unemployment rate.
“But look at the unemployment, particularly: in Spain, 11.21%; the United States, 4.2%.”
Tax revenues also registered a historical record in 2024, with more than 400.00 million additional pesos compared to 2023.
Regarding the debt, it recognized growth, but still below the growth of other governments; of the Peña government, particularly, “this has to do, among other things, with the dollar.”
Regarding GDP growth, he noted that although it was only 1.6% in the third quarter of the year; Mexico is above South Korea, France, Belgium, Italy, Austria and Germany.
“We continue to be the twelfth economy in the world, we went from 15th to 12th. We are above Spain, South Korea, Australia, Indonesia, the Netherlands, Turkey, Saudi Arabia and Switzerland.”
