Economics: An analysis of the main economic proposals put forward by the two leading presidential candidates
The two leading presidential candidates on the ballot this June 2, Claudia Sheinbaum for Morena and Xóchitl Gálvez for the Broad Front for Mexico, have raised numerous economic proposals, both in the platforms they presented at the beginning of the campaign, as well as in multiple events and interviews since that time. It appears that Sheinbaum has been careful to ensure her plans are directly in line with the policies and ideas advanced by President López Obrador so as to avoid contradicting in any way the priorities of the current administration. For her part, Gálvez has put forward ideas that seek to repair the damage inflicted on the country by AMLO’s policies, while also repeatedly insisting she would maintain the highly popular social programs the current President introduced and even increase the resources allocated to them. With three weeks to go before the presidential elections, in this week’s Outlook we recap the approach they hope to implement over the next six years and analyze what it all might mean for the next government and for Mexico, regardless of which woman is sworn in as the next president.
And in our indicators section we report on the firming of consumer confidence in April, industrial activity’s more modest pace in March and the unanimous decision by Banco de México’s board of governors to leave the interbank reference interest rate unchanged, just one day before Inegi reported that annual inflation had rebounded to 4.65% in April.
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