Secretary of the Treasury assures that economic stability is a priority
Forbes | June 10, 2024 |

The Secretary of Finance and Public Credit, Rogelio Ramirez de la O, reported this Tuesday that he will continue to lead the agency indefinitely and works to maintain financial discipline, with respect to the autonomy of the Bank of Mexico.

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According to information from the Secretary of Finance and Public Credit (SHCP), the official assured that among his priorities is updating all communication with investors and rating agencies to confirm their priorities, macroeconomic stability, fiscal prudence and the viability of fiscal objectives.

Therefore, work will be done to reduce the debt generated each year by 2025, to levels compatible with a sustainable debt/gross domestic product (GDP) range in the medium term, around 3% of GDP.

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In the same way, it will be confirmed to international organizations and private investors that the administration's project is based on financial discipline, abiding by the autonomy of the Bank of Mexico, adherence to the rule of law and facilitating national and foreign private investment. 

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Original Note.

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