Mexico’s Post-Election Fiscal Reality Check

By Carlos Ramírez

Sheinbaum and Galvez are downplaying the country’s budget peril, while Pemex’s current path is unsustainable.

MEXICO CITY— Mexico is three weeks away from one of its most consequential elections in recent history. Much is at play on June 2, as the outcome of this vote is likely to have economic and political implications that will shape the nation’s future for decades. Why is there so much at stake From an optimistic perspective, the opportunity nearshoring brings to the country is likely to become more evident in the next six years, but only if the new administration manages to tackle the significant bottlenecks Mexico still faces in broad areas such as energy, infrastructure, security,...

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