Despite the recent downward adjustment by the International Monetary Fund (IMF), which reduced the 2024 growth forecast to 2.4%, Mexico continues to demonstrate notable economic strength. The Ministry of Finance emphasized that the country, supported by a dynamic labor market and strong nearshoring momentum, remains a key destination for foreign investment, with Foreign Direct Investment (FDI) reaching $35 billion in 2023.
Rogelio Ramírez de la O, Mexico’s Finance Minister, highlighted that the country is well-positioned to sustain its growth. He emphasized the modernization of public-private partnerships and the adoption of artificial intelligence to enhance government efficiency. Despite global challenges, Mexico is preparing for a promising future, with an orderly presidential transition that will ensure stability and the continuity of key policies.
