Background on Altagracia Gómez and Her Role
Altagracia Gómez is the coordinator of the Business Advisory Council for the federal government in Mexico. As a prominent Mexican entrepreneur, her opinions carry significant weight in discussions about the country’s economic policies and initiatives.
The Current State of Credit Access for SMEs
During her participation in the 88th Banking Convention, Gómez highlighted that banks, the government, and businesses have not done enough to improve access to credit for small and medium-sized enterprises (SMEs) in Mexico.
The Importance of SMEs in Mexico
According to the National Institute of Statistics and Geography (Inegi), there are 5.5 million SMEs in Mexico, which account for 99% of all businesses operating in the country. These SMEs play a crucial role in driving economic growth and job creation.
Plan México: Aiming to Support SMEs
Plan México, introduced in January, aims to foster various aspects of the Mexican economy, including supporting SMEs and enhancing their access to credit. Gómez emphasized that historical and systemic challenges have hindered SMEs’ access to credit, and all stakeholders must work together to address this issue.
Upcoming Agreement Between Government and ABM
It is expected that an agreement will be signed today during the 88th Banking Convention’s inauguration between the federal government and the Mexican Banking Association (ABM) to promote financing for SMEs. The agreement aims to simplify requirements and reduce informality in the credit process.
Gómez’s Vision for Plan México
Gómez described Plan México as a long-term roadmap, with progress measured over time. She stressed that the plan’s primary focus is on empowering Mexican entrepreneurs, students, and young job seekers.
Key Questions and Answers
- Who is Altagracia Gómez? Altagracia Gómez is the coordinator of the Business Advisory Council for the federal government in Mexico and a prominent Mexican entrepreneur.
- What is the current state of credit access for SMEs in Mexico? According to Gómez, banks, the government, and businesses have not done enough to improve access to credit for SMEs.
- Why are SMEs important in Mexico? SMEs account for 99% of all businesses in Mexico and play a crucial role in economic growth and job creation.
- What is Plan México? Plan México is a long-term initiative introduced by the federal government to support various aspects of the Mexican economy, including SMEs and their access to credit.
- What is the upcoming agreement between the government and ABM? The federal government and the Mexican Banking Association (ABM) will sign an agreement to promote financing for SMEs, aiming to simplify requirements and reduce informality.
- What is Gómez’s vision for Plan México? Gómez sees Plan México as a long-term roadmap focused on empowering Mexican entrepreneurs, students, and young job seekers.
