Two weeks ago, from the environment of the Secretary of Finance of Mexico, information was leaked that Ramírez de la O planned to move abroad. This move was interpreted as an attempt by Ramírez de la O to gain more influence in the economic team and be able to appoint his own officials in key areas. These decisions could affect cabinet members trusted by President López Obrador.
To address this situation, President Claudia Sheinbaum has scheduled a meeting with Ramírez de la O this Monday. It is noteworthy that the Mexican peso strengthened during the first week of Donald Trump's presidency in the United States, closing with an advance of 0.81% against the dollar. This could be used by Sheinbaum to persuade Ramírez de la O to stay in his position.
In this scenario, a complicated underground negotiation is evident in which loyalty to the former president and the continuity of the Secretary of Finance is being debated. Ramírez de la O has made efforts to reassure the ratings agencies and ensure control of the deficit, avoiding a crisis like the one experienced by Brazil. The pending designation in the Board of Governors of Banxico reflects the complexity of the situation.
Various internal alternatives for the position of Ramírez de la O are being questioned. The Secretary of Energy, Luz Elena, has established her own leadership in that area, while Edgar Amador lacks credibility in the financial sector. On the other hand, Bertha Gómez, Undersecretary of Expenditures, seems to have a trusting relationship with Sheinbaum, who increasingly grants her more responsibilities, even overseeing the president's personal finances.
