Sheinbaum asks banks to lower interest rates

President Claudia Sheinbaum Pardo asked commercial banks to reduce their interest rates, as small and medium-sized entrepreneurs in the country have difficulty accessing credit.

President Claudia Sheinbaum's recent call to commercial banks to reduce interest rates, following the decline decreed by the Bank of Mexico (Banxico), has generated divided reactions.For some, this is a legitimate exhortation from the executive branch to boost credit and dynamize the economy.For others, the application exhibits a limited understanding of how the Mexican financial system really works and could call into question one of the most i…

President Claudia Sheinbaum asked the financial sector to lower interest rates in order to energize the country’s economy without risk. This morning, at a conference in Palacio Nacional, the federal governor mentioned that she personally commissioned the Secretary of Finance, Edgar Amador, to look for the banks and exempt them from that request regarding interest rates. “We instruct Edgar (Amador) to look together with the banks, both developmen…

The case of the strategic controlled premises – which operate as private customs, and in some cases have been used to traffic drugs, weapons and contraband goods – will be reviewed as part of the legal changes that will be proposed to Congress, to continue clearing the sector of corruption, said President Claudia Sheinbaum this morning [...] The post Customs Reform will review strategic controlled areas: Sheinbaum first appeared on Contraline.

The UNIVERSAL President Claudia Sheinbaum Pardo indicated that she will present a reform to the Customs Law so that throughout the chain there will be responsibilities, including customs agents. At her morning conference this Tuesday, April 15 in National Palace, Sheinbaum Pardo accused that before customs agents did not take responsibility if there was an irregularity. “Now we want there to be responsibility, everyone has responsibility; the on…

Something that was already known to happen, but that was urgent (taking into account that it had a process against it): Francisco Garduño will leave the National Institute of Migration (INM). Photo: Moisés Pablo-Quartoscuro. The INM will be in charge of Sergio Solomon In his morning of “we are almost going on vacation”, Claudia Sheinbaum confirmed that Garduño leaves the INM... as it was planned for months. According to the president, already pa…