In a public act that bordered on disdain toward international organizations, Claudia Sheinbaum downplayed the projections of the International Monetary Fund (IMF), which anticipate a 0.3% GDP contraction in 2025 and an increase in public debt to 60.7% of GDP.
During her speech, Sheinbaum stated that the IMF "hasn't understood that the Fourth Transformation has arrived in Mexico," hinting at an ideological stance over technical analysis. She justified her rejection with repeated official arguments: eradicating corruption and returning resources "to the people."
Ideological defense over data
The president insisted that her administration follows principles like "for the good of all, the poor first", stating that the budget is allocated to social programs, health, education, and housing.
However, the abandonment of the health system, job losses, and increasing violence contradict her speech. These realities contrast with the government's optimistic narrative, which seems disconnected from the facts.
Sheinbaum asserted that her economic model "makes the economy flourish from below," in opposition to the traditional approach that favors the elites. Nonetheless, current macroeconomic indicators question the effectiveness of this approach.
Adverse context and lack of direction
The IMF attributes its projections to various factors, including the tariff policies of the United States, which have affected consumption and investment in Mexico.
