President Claudia Sheinbaum Pardo affirmed that Mexico enjoys growing international market confidence thanks to responsible economic management by both the federal government and the Bank of Mexico. This has resulted in financial stability, increased investment, and notable social progress—most significantly, 11 million people lifted out of poverty, according to revised World Bank data.
During her remarks, Sheinbaum emphasized that key economic indicators reflect strong global trust in Mexico’s direction. The Mexican peso closed at 19.14 per dollar, the 10-year interest rate declined, and the country’s perceived default risk dropped. “This is the result of responsible economic governance and a clear vision to address development challenges in a global context,” she stated.
The World Bank updated its prior assessment of 9.5 million and now confirms that 11 million Mexicans left poverty between 2018 and 2022. This achievement occurred despite global economic challenges, underlining Mexico’s capacity to sustain trust and attract investment.
The president also highlighted the growing momentum of nearshoring as a major engine of national growth. She cited coverage from The Wall Street Journal and comments by U.S. Commerce Secretary Howard Lutnick, who have recognized Mexico’s strategic value for American companies and the strengthening of bilateral economic ties.
Sheinbaum concluded with optimism about Mexico’s economic future and vowed that her administration will continue to govern with confidence and responsibility, projecting stability to the broader population.
