The World Bank dismissed the efforts of Claudia Sheinbaum's government to boost investment, stating that it will not lead to a significant economic growth this year, maintaining its forecast of 1.3% by the end of the year. In its latest analysis of the outlook for Latin America and the Caribbean, it warned that 'the low growth that Mexico has experienced since 2024 will likely continue into 2026.' In this context, it did not revise its estimate, which is below the government's projection, which ranges from 1.8% to 2.8% for this year, with a midpoint of 2.3%. The bank explained that the interest rate cuts made by the Bank of Mexico (Banxico) will only 'partially' compensate for external factors related to the revision of the USMCA (T-MEC), which it considers affects corporate planning. Amidst market tension, Sheinbaum met with the head of BlackRock to send confidence signals. The report comes amid new initiatives by Sheinbaum to reactivate the economy through projects such as the 'Plan Mexico' or infrastructure projects, along with reforms to provide regulatory certainty for mixed contracts. In this context, the president met on Tuesday with the head of the BlackRock fund, Larry Fink, to send a signal of optimism to the markets: 'We see Mexico as a great opportunity,' Sheinbaum announced at her morning press conference on Wednesday. However, the government's efforts are not reflected in the analysis of the international institution or in other economic reviews, such as those by BBVA or HR Ratings, which on Tuesday warned of pressure on the credit rating following the presentation of the 'Pre-Criteria 2027'.
