Introduction
According to law, Mexico City’s Mayor Claudia Sheinbaum will submit her 2025 Budget Proposal to the Chamber of Deputies. This budget will now reflect her government’s priorities, despite ongoing struggles with the largest public finance deficit in years.
Public Finance Challenges
Official figures indicate that over 700 million pesos will be spent on interest payments for public debt. This significant financial burden will significantly constrain Sheinbaum’s policies, as she is solely responsible for maintaining the health of public finances.
The growth targets are optimistic, similar to other indicators that some consider “wishful thinking.” Budgets inherently become political, leading to discussions and debates. Standard & Poors has rated Mexico’s sovereign debt as “BBB,” with a stable outlook.
Political Tensions Within Morena
Will the “Rebels” Challenge Morena?
Since last week, when rebellion emerged among groups opposing Morena’s anti-nepotism rule, there have been questions about whether national leaders of Morena will resist pressure from their own members and political allies.
The national leadership faces a dilemma: either uphold their rules or compromise discipline in the ruling party ahead of next year’s campaigns for 17 gubernatorial positions. This situation is far from ideal.
The national leaders, Luisa María Alcalde and Andrés Manuel López Obrador, appear to bear the responsibility of navigating a complex strategy involving maneuvers, dialogues, and pressures that may be beyond their control.
Marches for Peace in Sinaloa
Frustrated by persistent violence that erupted a year ago in Culiacán and other Sinaloa cities, and tired of their society suffering from business closures and living in fear, thousands marched to demand peace.
During his morning press conference, Governor Rubén Rocha Moya stated, “I have nothing more to say than that we do not have peace in Sinaloa… We haven’t conquered it; we’ve been fighting delinquency, but we haven’t finished.”
While opinions may vary, Sinaloa exemplifies the long road ahead for the federal government to regain ground lost due to cartel growth facilitated by the previous administration’s flawed security policy.
Miscellaneous Notes
Unresolved Queries Regarding Patriotic Celebrations
There may be valid reasons for Mayor Sheinbaum’s reluctance to provide a precise response regarding the attendance of legislative and judicial powers at patriotic celebrations…
