Rogelio Ramírez de la O, Secretary of Finance and Public Credit (SHCP), stated that the relocation of Asian companies' operations to Mexico has resulted in a high demand for industrial parks in the northern part of the country, reaching maximum capacity. This trend is driven by private investment and the perception of long-term opportunities in the Mexican economy. Ramírez de la O emphasized the government's commitment to public capitalization and highlighted the importance of attracting private investment for the development projects in the southern region.
The Secretary of Finance and Public Credit acknowledged the challenging global investment climate but expressed confidence in Mexico's plan to attract industries from Asia. The government aims to present its financing program and maintain transparency and open communication with investors to build trust. Ramírez de la O emphasized the stability of Mexico's public finances, which serve as a defense against external shocks.
Ramírez de la O assured that the Mexican economy is equipped to meet budgetary goals and withstand temporary slowdowns. He emphasized the government's commitment to maintaining debt levels, which provides stability and confidence to both markets and the Mexican population. Social programs are also highlighted as a crucial element in protecting income distribution and maintaining social stability. The Secretary of Finance stressed the importance of anchoring these programs through constitutional reforms to ensure their continuity in the face of future events.
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