The Current Government’s Goal to Reduce Informality by 2030
The current Mexican government aims to reduce the informal sector’s population to 48.9% by 2030, which would bring millions of people into formal employment with social security benefits.
Potential Delay Due to Economic Turbulence
However, experts suggest that the government might need to postpone this goal if an economic crisis is imminent. Historically, Mexico has navigated past crises through migration and informality, avoiding severe social and political instability.
Banxico’s Role in Managing Public Debt
The Bank of Mexico (Banxico) will soon have surplus funds to transfer to the government, as per law, to help reduce public debt. These funds could amount to nearly 170 billion pesos, part of which might be used to alleviate Pemex and health sector debts.
Michoacán: A Crucial Front in the Anti-Crime War
Many experts agree that former President Felipe Calderón’s decision to wage war against criminal organizations in Michoacán was a mistake, as it spread to other regions. Recent violent actions by criminal groups in nine Michoacán municipalities suggest the need for a comprehensive review of the situation in the state over the past 19 years.
This analysis could provide insights to refine the fight against organized crime, preventing regional criminal groups from undermining the “revolution of consciousness.” Those in power should recall how the situation began in 2006.
Miscellaneous Notes
- Criticism of Mexico from U.S. Officials: The use of Mexico as a scapegoat by U.S. officials and the Trump administration suggests that their plans are not going as expected.
- Potential CNBV Crisis: The Securities and Exchange Commission (CNBV) may face scrutiny for its ineffective oversight of the banking and financial system.
- Political Improvisation: Political realities force the ruling party to improvise in cases involving judicial candidates with criminal links.
- Rising Authoritarian Tendencies: There is a growing trend towards authoritarianism in various sectors.
- Threats to Close Businesses in Nuevo León: The government of Nuevo León is considering shutting down businesses where fires occur, citing environmental concerns.
- Mark Twain’s Advice: “There are plenty of ways to avoid temptation,” said Mark Twain, “the most efficient of which is to yield to it.”
