We will be financially responsible, says the future future minister of Mexico



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  Carlos Urzua, advisor to the leftist candidate for the Mexican presidency Andrés López Obrador, gives an interview to Reuters in Mexico City 06/06/2018 REUTERS / Henry Romero

Carlos Urzúa: "We will have to collect more, grow more, restore confidence, end corruption Carlos Urzúa wants to convince the financial markets that a possible left-wing government of Mexico Andrés Manuel López Obrador is not against private investment and will be responsible fiscally 19659004] His work is paramount, since it would be the Minister of Finance if López Obrador, favorite in the polls, is the winner of election of July 1.

"We We need more private sector investment, we need to attract more investment from foreign companies, because it is often they who bring the knowledge, "AFP told AFP. l & # 39; U Technological University of Monterrey

Urzúa, 62 years old, has a doctorate in Mathematics in Economics and López Obrador's well-known long-time López Obrador: was his secretary of finance between 2000 and 2003, when the current candidate was mayor of Mexico City.

In an interview with AFP, he details what López Obrador would do with reform

– What is your diagnosis of the Mexican economy?

During this century, Mexico is experiencing very weak growth. .

The Key (19659004) The Key (19659004) The key to the government is very bad, probably due to incompetence, corruption, or both

– The accounts help fund its social programs and # 39; infrastructure? is: if we can not have enough resources for the investment we want and the social programs, let's stop and we will deal a lot with the public deficit

– How the relationship of the economic team by López Obrador with international investors

Portfolio investors know the economic landscape, but want to be badured that the central bank (Banco do México), for example, will remain autonomous because it is inscribed in the Constitution.

the exchange rate (…), but there is no problem either because the Bank of Mexico and we are totally in favor of a free floating regime.

– There have been harsh comments on his future role as finance minister stating that he had little experience and was not well known. How are you going to deal with this kind of mistrust?

I already have my team, first clbad people. I was Finance Secretary of the Government of Mexico City and I have more experience than me, for example, Luis Videgaray (current Chancellor) when he was Treasury Secretary.

López Obrador said that if the contracts already signed are correct, we will respect them.

– We can give as a fact that the new energy reform offers will be suspended? The bidding process will be stopped and we will badyze what we are going to do, take a closer look at the situation of the oil fields that have not yet been auctioned, and then we will decide [19659004]

– The theme of the new airport has hindered the relationship with private initiative?

For the moment, I think the candidate is the people who are close to him are increasingly convinced that the airport is not such a bad idea, after all, for technical reasons .

Also considered a concession for those who are now entrepreneurs and who make the new airport.

– Do you dare to set a goal for economic growth?

There is no other way to go. investment. We will have to earn more, grow more, restore trust, end corruption in Mexico, and if we can make quality public investment and all others are constant, I'm not afraid to say we can grow at the rate of 5% per year, but since we are already stabilized (in three or four years), not before.

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