US EditionThe Government’s Exponential Debt
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4 Articles
President Claudia Sheinbaum during her morning conference mentioned that former President Andrés Manuel López Obrador (AMLO) increased the debt during 2024 by investing in his megaworks such as the Maya Train, Tulum Airport and Felipe Angeles International Airport (AIFA), among others. “In 2024 President López Obrador decided to invest a lot to finish all the works (...) we left a little bit of the Maya Train, already a much smaller part of the …
It is common to hear the statement that the previous government was not indebted, when it confronts itself by asking: Who says that Mexico did not owe itself to López Obrador?, the answer of those who claim that there was no debt is: “López Obrador said it.” It is completely normal for governments to acquire debt, they all do it in the world is, equally normal, for the rulers to deny it. Fortunately, our president, Claudia Sheinbaum, has publicl…
The president of Mexico, Claudia Sheinbaum, acknowledged that in 2024 the former president Andrés Manuel López Obrador (AMLO) acquired debt to conclude the flagship works of his government as the Maya Train and clarified that for this year, there was a deficit reduction of about 2 points of the Gross Domestic Product (GDP). “In 2024, President López Obrador decided to invest a lot to finish all the works; there were still some left to us, but th…
The president of Mexico, Claudia Sheinbaum, said that her government will implement more measures of ‘Republican austerity’ to reduce the level of public debt left by the previous six-year period. During the morning conference from Palacio Nacional, the president explained that the fiscal deficit recorded in 2024 was the result of the spending needed to complete strategic works. The deficit was covered by debt, but it was only for 2024. We could…
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