[ad_1]
Mexico City – The Mexican economy will face the presidential election that will take place tomorrow, July 1, in a scenario of macroeconomic strength.
According to the Bank of Mexico (Banxico), the country's international reserves are in $ 173 billion before the elections, a figure greater than $ 156 billion six years ago and $ 77 billion in 2006. [19659002] In addition, the flexible credit line with the International Monetary Fund (IMF), of 88 12 years ago, this instrument was not available.
Mariana Ramírez, deputy director of economic strategy at BX +, and Janneth Quiroz, deputy director of economic analysis at Monex, were in agreement. in which the resources available for the country speak of the level of confidence in the economic stability of the country.
In addition, a flexible exchange rate allows it to absorb external shocks and avoid affecting other variables. Although we observe a depreciation, it is not necessarily negative, because in addition to protecting the economy, it also increases the competitiveness of the country, "said Mariana Ramirez. stability to the world, and not using it gives us more strength, "says Janneth Quiroz
Other strengths stand out, such as sustained growth of 2.3% per annum and the rate 3.2% in May
Growth
For specialists, these fundamentals have allowed the Mexican economy to remain afloat despite the multiple external factors that threaten it, whose growth is today. 2.3% per year, according to Inegi data, although this rate is more moderate than in previous years (3.7% in 2012 and 4.6% in 2006). ), "has the advantage that has been more sustained and constant than in the previous six years", according to Mariana Ramírez, BX + has Analyst
"The uncertainty caused by NAFTA has reduced investment and resulted in second-rate effects as jobs that no longer happen, affecting the recent slowdown, "said Janneth Quiroz of Monex.
employment
In the labor market which, before the elections, had an unemployment rate of 3.2% of the labor force, lower than the 4.8% recorded in 2012 and at levels similar to those of 2006, the experts felt that it was another factor of the strength of the Mexican economy
"The advance of formal employment in the sexennium has been remarkable, due to the formalization of jobs before the informal and the generation of others.The big challenge is still the issue of wages, since most new jobs are in the low bracket revenue, "said Mariana Ramírez
.The data on employment show some strength of the domestic market, which has been a mainstay for" Janneth Quiroz
Public Finance
Mariana Ramírez of BX + and Janneth Quiroz de Monex emphasized that the public debt would be exceptional for this sexennate, since before the elections it accounted for 44.2% of GDP. , 9 points higher than before the 2012 elections and 14 points more than in 2006. However, they agreed that the government's reaction to control it was important at the end of the six-year period after the " earning "rating agencies in 2016.
" The increase in debt leaves a narrow margin for the next government, so it should increase revenues if it wants to meet many of its promises of campaign, "said Mariana Ramírez.
They eat them The contents that are unloaded in the section above are the responsibility of the participants. Help us maintain a healthy exchange of ideas by denouncing, by means of an icon on the flag, each participation that you consider inappropriate. If the comment is not in accordance with THE RULES it will be eliminated. See here the regulation .
Welcome to our commenting service. We invite you to analyze, comment on and question the articles and reports published by El Diario. To maintain a healthy exchange of ideas for all our users, it is necessary that you follow the rules that we detail below. By participating in the commenting service, you agree to the application of these rules.
You agree that you are solely responsible for the content you post.
Will not intentionally post content that violates any copyright, trademark, patent or other intellectual property of any third party.
Will not disseminate defamatory, obscene or aggressive content that violates the right of a third party to privacy under municipal, state, federal or even international laws or that is considered inappropriate. It will indemnify Paso del Norte Publications (*), its employees and affiliates for all claims and / or dats (including, but not limited to, attorney fees) that are submitted by third parties in relation to the content you have published. It will not write discriminatory content to other people because of their gender, race, ethnicity, nationality, religion, sexual preference, disability or any other category.
You understand and agree that El Diario is not responsible for the content published by third parties.
It is understood that in discussion forums, El Diario monitors published content and reserves the right to delete, edit or modify content that appears inappropriate for any reason without seeking the consent of the author. We reserve the right, by our own criteria, to remove a user's right to post content on our site.
Understand and accept that discussion forums should be used for non-commercial purposes.
Will not ask for economic resources or support. It will not promote commercial companies or carry out commercial activities of any kind in our discussion forums.
You understand and agree that the use of any information obtained through the discussion forums is at your own risk.
The Journal does not endorse the content that users distribute, and can not and will not be responsible for its accuracy.
With each publication, you grant to El Diario without royalties the irrevocable, perpetual, exclusive and totally sublime license to use, reproduce, modify, adapt, publish, translate, create derivative works to, distribute, execute and display such content in its entirety or parts worldwide and incorporate it into their work anyway currently known or developed thereafter.
[ad_2]
Source link
