ABM sees greater dialogue with new government – El Sol de México

Acapulco.- A few weeks before the presidential elections, the Association of Banks of Mexico (ABM) assured that although the rest of the candidates’ proposals have yet to be heard, the sector will understand “perfectly well” with the new federal government.

“How are we going to accommodate ourselves with the next government? Perfectly fine. We have had the opportunity to meet separately with the candidates who are leading, and they both have the same objective,” said Daniel Becker, vice president of the ABM.

In a press conference, within the framework of the 87th Banking Convention, he added that the common objective of both Xóchitl Gálvez, of the PRI-PAN-PRD coalition, and Claudia Sheinbaum, of Morena-PT-PVEM, is how to promote the economic growth of the country.

The other issues on which the candidates agree are that there be greater dynamism in the economy, as well as a better redistribution of income throughout the population.

“I think where we are going to have a good discussion is how (to do it); how each one of them, or the candidate, would like to achieve their objectives, I believe that everyone wants to have a vigorous country, growing with better jobs. “The what is clear, it would be worth listening to the how,” said Becker Feldman.

This Friday, April 19, the presidential candidates will attend the 87th Banking Convention, which is taking place in Acapulco, Guerrero.

The first participation will correspond to Xóchitl Gálvez. Subsequently, the standard bearer of Movimiento Ciudadano, Jorge Álvarez Máynez, will speak, and the last to speak will be Claudia Sheinbaum.

It is expected that each of them will present their work plan for the next six-year term in economic and financial matters.

Before the Banking Convention, Gálvez and Álvarez Máynez had a brief presentation during the Citibanamex Plenary Meeting, held in March of this year.

Taking advantage of nearshoring, Mexico could grow an additional 1.7%

For the ABM, if Mexico takes advantage of all the investment potential due to the relocation of foreign companies, a phenomenon known as nearshoring, the Gross Domestic Product (GDP) could grow an additional 1.7 percent in the next four years.

However, Julio Carranza, president of the ABM, highlighted that some challenges associated with informality, private investment and governance prevail so that the country can detonate all these opportunities.

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“We need to promote the formalization of the economy from the public sector and strengthen the relationship with the United States and Canada,” said the bankers’ representative.

2024-04-18 18:50:58
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