Claudia Sheinbaum facing economic challenges in Mexico: challenges and strategies

Claudia Sheinbaum, the recently elected president of Mexico, faces a series of economic challenges that will require careful and strategic management to maintain the country's financial stability in the coming years. Among the most urgent challenges are the reduction of the fiscal deficit, the need to transform the business model of Pemex, and preparation for the review of the Treaty between Mexico, the United States, and Canada (USMCA) in 2026. In a context where the fiscal deficit has reached record levels in the first months of the year, surpassing 377,540 million pesos and with public debt increasing by 10.7% compared to the previous year, it is imperative to implement measures to strengthen public finances and ensure fiscal sustainability in the medium and long term. To achieve budgetary balance, various experts have pointed out the need to increase revenues and rethink the allocation of public resources, prioritizing social programs, investment in infrastructure, and a comprehensive tax reform that allows sustainable and equitable revenue generation. Sheinbaum's proposal to guarantee social welfare programs, expand them, and increase infrastructure investment is a step in the right direction; however, it will be essential for these actions to be complemented by a thorough review of fiscal policy and greater efficiency in tax collection. The transformation of Pemex, one of the key companies for the Mexican economy, will also be a priority on Sheinbaum's agenda. The need to modify the business model of the oil company to make it more efficient and profitable, as well as strengthen the country's energy sovereignty, will require strategic decisions and a solid financial restructuring. Regarding the review of the USMCA in 2026, Sheinbaum must prepare for possible scenarios that could arise in the current geopolitical context, especially in the event of a potential victory by Donald Trump in the US elections. The stability of the commercial relationship between Mexico and the United States is vital for the Mexican economy, so it will be crucial to maintain open and constructive dialogue with US authorities. In conclusion, Claudia Sheinbaum's mandate will be marked by the need to make strategic and decisive decisions in economic matters to ensure Mexico's financial stability and sustainable growth in an increasingly complex and challenging global environment. Her leadership skills and long-term vision will be crucial to successfully address the challenges on the country's economic horizon.