Sheinbaum’s Triple Economic Dilemma
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Sheinbaum’s Triple Economic Dilemma
Claudia Sheinbaum’s second year as Mexico’s president centers on juggling a fragile economy with limited fiscal room and growing political risk. The key issues:
- Economy: GDP growth expected around 0.5% in 2025, with a modest 1.3% rebound in 2026; private investment lagging peers; weak real-wage momentum and signs of softer private consumption amid U.S. uncertainty.
- Fiscal deficit: 2024 deficit at a 36-year high (about 5.7% of GDP), driven by emergency social programs and
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