IMF predicts recession in Mexico, Sheinbaum discards it

One of the goals of Plan Mexico is to place the country among the top 10 global economies; however, expectations suggest that Mexico will not enter that list by 2030, as promised by Claudia Sheinbaum's government, and will even lose positions, according to the World Economic Outlook (WEO) of the International Monetary Fund (IMF).The new expectations of the international organization predict that the Mexican economy will go from 12th place in 202…

The International Monetary Fund (IMF) was surprised by a downward revision of its economic estimates for Mexico. According to the latest Global Economic Outlook report, a 0.3 per cent contraction of Gross Domestic Product (GDP) is expected by 2025. This figure represents an adjustment of 1.7 percentage points compared to the projections that the agency itself had disseminated only in January. This means a change of course that cannot be ignored,…

Like López Obrador, President Claudia Sheinbaum has other data on the Mexican economy. The IMF presented yesterday its global outlook 2025, the first that already includes the effect of Trump’s tariffs on the world economy, and lowered the expectation of global GDP growth to 2.8% this year below the previous forecast of 3.3%. The problem is that in the case of Mexico a recession is anticipated, with a contraction of GDP this year of 0.3% against…

The Mexican president said her government does not share the IMF’s forecast of a fall in GDP and defended its growth model. The post Sheinbaum rejects recession in Mexico, contradicts the IMF and defends economic plan with millions of investments appeared first on El Diario.

Read time approx.: 55 secondsPresident Claudia Sheinbaum rejected the International Monetary Fund (IMF) estimate this Tuesday, which projects a 0.3% decrease in the Mexican economy during 2025, and said that her government plans a set of actions to prevent this situation. When questioned during its press conference, the president expressed doubts about the methodology of the financial agency: "We don't know on what basis they do it, we don't agr…

The Mexican government disagreed this Tuesday with the IMF’s forecast of a GDP contraction of 0.3% this year, and argued that it has plans to sustain the economy. The International Monetary Fund (IMF) said Tuesday that the Mexican economy, the second largest in Latin America, will contract 0.3% in this year due to the impact of Donald Trump’s government tariffs, among other factors. In contrast, the agency expects the Latin American economy to g…