Rogelio Ramírez de la O confirms continuing in SHCP with Sheinbaum; promises 4 points

The current holder of the Secretariat of Finance and Public Credit (SHPC), Rogelio Ramírez de la Oconfirmed this Tuesday her continuity at the head of the same agency during the new government by the winner of the elections on June 2 and virtual president of Mexico, Claudia Sheinbaum Pardo. He added that will hold the position for an indefinite period.

This after a few hours after the triumph of Sheinbaum and several governorships in the name of Morena caused a series of movements with casualties that considerably affected the price of the dollar and the Mexican Stock Exchange.

It is worth mentioning that the extension of De la O’s command was initially announced by President Andrés Manuel López Obrador during La Mañanera, later confirmed by the former head of Government of Mexico City and finally corroborated by Rogelio Ramírez de la EITHER.

Rogelio Ramírez de la O promises 4 points in SHCP during Sheinbaum’s six-year term

In the midst of a tense panorama in the national economy and on the part of the financial sector, De la O came out to calm things down and ensure that, together with Claudia Sheinbaum Pardo, she will work for a debt reduction.

On this point, the official expects to see results in 2025 that reach levels compatible with a sustainable debt/GDP range in the medium term, around 3% of GDP.

The second of the commitments by the 71-year-old Mexican economist, businessman and politician is update all communication with investors and rating agencies to confirm and update the priorities of the new government that will give way to the “second floor of the Fourth Transformation.”

This stage includes confirming the priorities of the next new Morena government, headed by the former head of Government of Mexico City and Rogelio Ramírez de la O: macroeconomic stability, fiscal prudence and the viability of our fiscal objectives.

The third commitment focuses on a large and close collaboration with Petróleos Mexicanos (PEMEX), where it is expected to unleash support in the Congress of the Union for a project that optimizes the good use of public resources.

Finally, the politician confirmed to international organizations and private investors that the Government of Claudia Sheinbaum Pardo is based on financial discipline.

That is to say, that “the second floor of the 4T” will abide by the autonomy of the Bank of Mexico (Banxico), will adhere to the rule of law and will finally facilitate national and foreign private investment.

These four points are not the only ones that will be part of the new administration, clarified Ramírez de la O, announcing that more information will be shared as the transition from one administration to the next progresses.

• Haven’t you checked out Amazon? Look in THIS LINK their best products.

Mexican journalist and photographer. She graduated from the Bachelor’s Degree in Communication and Journalism at the FES Aragón of the UNAM, with a specialty in written press. I have a Technical degree in Advanced Digital Systems for Computing and Graphic Design. I am a web reporter at Debate.com.mx and I cover CDMX, Edomex, Puebla, Tlaxcala, Hidalgo, Morelos and Veracruz, also on Economics and Politics.

see more