The president-elect Claudia Sheinbaum and the federal president Andres Manuel Lopez Obradormet to fine-tune the numbers of the budget for 2025which seeks to give continuity to the projects already started during this administration and also to initiate new ones.
That’s what he said Claudia Sheinbaum before the press, after the plenary meeting of the senators that took place in the south of Mexico City, where he reported that this Tuesday he met with the Secretary of Finance, Rogelio Ramirez de la O and SAT officials.
“We are working on the closing of 2024 and the 2025 budget. The closing of 2024 is until September 30, and we are responsible for the closing of October 1 to December 31. We have to present the laws that correspond to the new budget and the income law no later than November,” said the future president.
“The president wanted me to be present at these meetings that they hold periodically to see how the budget is progressing and how the end of 2024 looks like.”
“It is a very good budget closing, there will be no problems, the economy is strong, finances are fine and we are starting to work on the 2025 budget,” Sheinbaum said.
When asked what Lopez Obrador had to do with the 2025 budget, Claudia Sheinbaum He clarified that this is because there are still pending works to be completed, which will require a percentage of the 2025 budget.
“There are not many, but they are interested in us knowing which are the projects that have to be part of 2025,” he said.
Tension in the market is not due to judicial reform: Sheinbaum
Regarding the economic tension that has occurred in the Mexican financial market, the former head of government denied that it is due to the reforms that are being approved.
“We don’t think so. There are various scenarios on the part of the Treasury Department with different values of the peso against the dollar, so public finances are protected, so there is no problem.”
“I insist on what I said yesterday, that the change in the Mexican currency against the dollar has to do with the reform of the judicial branch, it could be a small percentage, there are other international factors that are affecting not only the peso, but other currencies in the world,” he said.
Sheinbaum recalled that the data provided at the time on unemployment in the United States and the increase in interest-free rates in Japan, have to do with the movement of resources at the international level of currencies.
The president-elect also said that Mexico’s economy is solid.
“We have discussed this with Marcelo Ebrard, who will be joining as Secretary of Economy. The opportunities and investments coming to Mexico are many and remain totally firm.”
“We were just discussing this with our fellow senators. The reform of the judiciary is a proposal that was made prior to the election, during my entire campaign, of senators and deputies in their campaigns. The proposal for the popular election of judges, ministers and magistrates of the judiciary was always there, in other words, it is not something new.”
He warned that in the face of interference from the United States and Canada, the issue of reforms is only a matter for Mexicans.
“There are other issues that concern both countries, such as the treaty, as well as joint issues that are being discussed in this six-year term regarding security, migration, and cooperation, but we have to be very clear about what is the responsibility of the Mexicans, is the responsibility of the Mexicans.”
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“There should be no tensions” in the financial markets, said Claudia, who indicated that the reform to the Judicial Branch does not intervene in the T-MEC “they should not be intervening in this way in something that corresponds exclusively to Mexicans, that does not mean that there should be tensions in any way.”