The former president, in addition to receiving the leadership baton and the presidential sash from López Obrador, is currently dedicated to writing his memoirs about that historical change in the country. It is expected that the remaining 210 billion will be more realistic. The president has found a way to fill the Thursday conferences with investment topics. However, the actual data shows that new foreign direct investment was the lowest since 1985 in the fourth quarter of last year.
The investment promised by Elon Musk of Tesla amounts to more than 10 billion dollars, a figure that some consider unlikely due to the entrepreneur's relationship with Donald Trump. The Mexican economy has been highlighted as strong, although growth has slowed and investment shows no signs of improvement.
The president has published the "Mexico Plan," a striking title for the National Development Plan, and emphasizes the increase in reserves of the Bank of Mexico as a key achievement in a floating exchange rate regime. Claudia Sheinbaum, the head of government of Mexico City, has also shown strong political power since taking office.
Despite the promises of investment and the laudatory speeches, the economic reality of Mexico continues to present challenges, with unemployment at low levels but formal job creation stagnant. Despite it all, the president insists that "Mexico is doing well."
