VOLTAR

1. Investment in Mexico Hits Historic Lows as Banxico Lowers Rate to 7.75%

Investment in Mexico has dropped to its lowest level in 25 years, highlighting a concerning economic outlook. In this context, the Bank of Mexico (Banxico) lowered the benchmark interest rate to 7.75%, aiming to stimulate credit and investment amid an economic slowdown. This decision aligns with efforts by the federal government and the Ministry of Finance to reactivate strategic sectors, though it faces challenges such as limited business confidence and the lack of significant infrastructure projects.

The scenario poses significant risks, including potential inflationary pressures and the need for complementary fiscal policies to achieve sustained impact. Experts warn that without a robust institutional framework and measures to boost private investment, the effects of this monetary policy may fall short of reversing the negative trend.

Cluster Industrial: Inversión toca mínimos en 25 años en México; Banxico baja tasa a 7.75%

2. Inegi: 8.3 million people will escape poverty between 2022 and 2024

Between 2022 and 2024, the population living in multidimensional poverty fell from 46.8 million to 38.5 million, equivalent to a decrease of 8.3 million people. This is the first time that the National Institute of Statistics and Geography (INEGI) has carried out this measurement since the disappearance of Coneval. According to the data, 29.6% of the population in Mexico lives in poverty; that is, 3 out of 10 people were not guaranteed the exercise of at least one of their basic social rights, such as education, health, and housing, to name a few.

On the other hand, between 2022 and 2024, the percentage of the population vulnerable due to social deprivation increased by 2.7 percentage points to 32.2% in 2024, despite a reduction in deprivation due to access to education, health, social security, housing, and food.

Aristegui Noticias: Inegi: 8.3 millones de personas dejaron la pobreza entre 2022 y 2024

3. Sheinbaum prepares new bailout for Pemex debt; Treasury denies Fobaproa for oil company

President Claudia Sheinbaum is implementing a plan to reduce Pemex’s debt, which amounts to more than $100 billion, by issuing structured bonds worth $12 billion and creating a trust fund of 250 billion pesos. This plan seeks to improve the company’s liquidity and avoid a financial crisis. However, the Ministry of Finance has rejected the idea that this bailout is comparable to Fobaproa, the 1995 bank bailout program that converted private debt into public debt. The Ministry argues that the new plan does not involve a transfer of debt to the treasury, but rather a financial restructuring of Pemex.

Despite the measures taken, Pemex faces significant financial challenges, including short-term debt that increased by 32.1% in the first quarter of 2025. In addition, the company has suspended payments to suppliers in arrears, limiting itself to covering new contracts for 2025. Analysts warn that, although Sheinbaum’s plan seeks to stabilize Pemex’s finances, risks related to debt and long-term financial sustainability remain.

Proceso: Sheinbaum prepara nuevo rescate para la deuda de Pemex

4. Sheinbaum establishes Presidential Commission for Electoral Reform

President Claudia Sheinbaum and the head of the Presidential Commission for Electoral Reform, Pablo Gómez, presented the decree formalizing the creation of the Presidential Commission for Electoral Reform. The objective of this transitional body will be to call on citizens to participate in a broad consultation and analysis process to propose changes to the Mexican electoral system. The Commission will also be responsible for organizing forums, debates, and public hearings in different cities across the country; conducting in-person and online consultations; preparing studies and proposals; and publishing opinion polls in October 2025.

Sheinbaum assured that participation will be as broad as possible, inviting legislators, parties, INE advisors in their personal capacity, organizations, and citizens in general to contribute their ideas. Pablo Gómez explained that the commission is established under Article 21 of the Organic Law of the Federal Public Administration, which empowers the Executive to set up special working groups. The commission must be established within a maximum of 10 working days from the entry into force of the decree, and its conclusions will be delivered to the Presidency in January 2026.

El Economista: Sheinbaum instala Comisión Presidencial para la Reforma Electoral

5. Population without health services doubled between 2018 and 2024

In 2024, the number of people without access to healthcare was 44.5 million, according to data from the National Institute of Statistics and Geography (INEGI); when López Obrador began his six-year term in 2018, the figure was 20.1 million. This means that the population without access to health services doubled during his six-year term, according to data from INEGI’s Multidimensional Poverty report. Austerity measures in all sectors during the administration of former President López Obrador impacted the health sector. During his six-year term, half of the poorest sick people in the country were left without medical consultations, and 20 million laboratory tests were not performed.

The number of consultations in the services offered by the Ministry fell from 95 million in 2018 to 51 million in 2022. This represents a drop of 44 million, or 46% fewer consultations for those without social security. The increase in shortages was particularly severe in rural areas, where the shortage rose from 13.7% (4.2 million people) in 2018 to 48.7% (13.9 million) in 2024. In contrast, in urban areas, lack of access rose from 17% (15.9 million) to 30.1% (30.6 million) during the same period. Although there was a slight improvement between 2022 and 2024, with deprivation falling from 39.1% to 34.2%, this progress was insufficient to offset the cumulative decline in previous years.

Animal Político: Población sin servicios de salud se duplicó entre 2018 y 2024, pese a promesa de AMLO de ser como Dinamarca