Women could be perceived as having a greater risk than they actually do because they have fewer assets to use as collateral, and on the other hand, they have a shorter credit history, a topic that is at least beginning to be discussed.
Although the government of former president Andrés Manuel López Obrador has ended, there are still cases being analyzed, such as the one that will be reviewed by the Supreme Court of Justice of the Nation, presided over by Norma Piña. The First Chamber will examine the action of unconstitutionality 225/2023 regarding the 2024 debt. The block that presented the action consists of senators from both the PRI and the PAN who consider it contrary to articles 73, section VIII, numeral 1, and 134 of the Federal Constitution.
The members of the First Chamber will review the constitutionality of article 2 of the Decree that issues the Law of Federal Revenues for the Fiscal Year 2024, published on November 13, 2023, in the Official Diary of the Federation, which is for a net internal debt amount of up to 1 trillion 990 billion pesos.
The definition will determine whether the debt approved by the Chamber of Deputies and executed by the former Secretary of Finance, Rogelio Ramírez, was constitutional or not, and, in that case, will determine the appropriate course of action, a good topic that all indications suggest could be sent to the freezer.
It is a fact that the Mexican population and, in general, Latin America is aging, and with it, problems of all kinds are arising, and little is being done to work on improving the future of people over 50, who every day make up a larger group of the population.
The Silver Economy has become part of a project of the International Finance Corporation (IFC), a member of the World Bank Group, and the Government of Spain that seeks to address the financial needs of people over 50 in Latin America and the Caribbean (LAC), and where Mexico will be integrated this week. José Félix Etchegoyen, Global Specialist at IFC, has worked on the topic to provide advisory services, product development, and strategy for the Women/SMEs Banking and Silver Economy business line.
The official launch will be on March 20 here, and it is sought that the financial sector has all the elements and tools to support this segment of the population that has much to offer. Scotiabank anticipates significant changes, as rumors suggest the departure of the current director, Adrián Otero, who will be replaced by a prospect from other financial institutions.
The gap in all respects continues to be wide in the labor world for women. Although it is recognized that they are good payers and entrepreneurs, barriers to access financing persist. Galia Borja, deputy governor of the Bank of Mexico, emphasized the importance of reducing those barriers and recognized institutions like Banco Azteca, HSBC, Metlife Mexico, and Seguros MonterreyNew York Life for their contribution to the financial inclusion of women.
Access to credit plays a fundamental role in the financial management of individuals, and women continue to be at a complete disadvantage in this aspect.
