The new head of the Secretariat of Finance and Public Credit (SHCP), Edgar Amador Zamora, defended the achievement of revenue targets during his appearance before the Finance Commission in San Lázaro. He emphasized that fiscal estimates are in line with projections for the year 2025, which generates confidence in the expected economic results.
Amador Zamora highlighted the resilience of consumption driven by social programs accounting for 2.3% of the Gross Domestic Product (GDP). This direct investment in the base of the population pyramid provides strong support for the country's economic growth. The budget package for 2025 anticipates growth of 2 to 3% and a reduction of the fiscal deficit from 5.9% to 3.9%.
Despite the global economic slowdown, Amador Zamora expressed that the Mexican economy remains in expansion. He pointed out that key GDP indicators continue to grow, including consumption driven by factors such as income and employment. These signals rule out a recession scenario in the country.
The new head of the SHCP appeared optimistic regarding Mexico's fiscal targets, despite the uncertainty generated by Donald Trump's policies. He dismissed the risk of a recession in the country and highlighted positive prospects despite tariff threats. Edgar Amador was proposed for the position to replace Rogelio Ramírez de la O due to family matters.
In his remarks, Amador Zamora pledged to maintain financial stability and promote economic growth and social welfare in the country. He stated that the transition in the SHCP occurs at a crucial moment and committed to overcoming adversities and strengthening the Mexican economy. The deputies questioned the new head about the environment of uncertainty and the fiscal policy to be followed.
