A global slowdown in economic activity is expected in 2025 and 2026 with a recovery in 2027.
“It is necessary that international financial authorities continue monitoring the markets and the international financial system to ensure their proper functioning,” the document noted.
In Mexico, the low volatility of the financial markets and the appreciation of the peso against the dollar of 2% stood out.
“Some recovery is anticipated during 2026 and 2027, although the environment facing the Mexican economy implies certain downward risks,” the CESF noted.
For the Mexican financial system, it was evaluated as a whole for its solidity and resilience that allows it to absorb shocks and preserve stable functioning.
“This is essentially due to the fact that commercial banks have levels of capital and liquidity that comfortably meet the minimum regulatory requirements,” they warned.
“In addition, although some non-banking financial entities, which do not constitute a threat to the financial system, present risk indicators at levels that warrant monitoring, financial authorities remain vigilant to act in a timely manner and mitigate the risks that could materialize.”
The CESF is made up of the Secretary of the Treasury, the governor of the Bank of Mexico, the undersecretary of Finance and Public Credit, two deputy governors of Banxico, the president of the CNBV, the president of the CNSF, the president of Consar and the secretary of the IPAB.
