A toast to the bank and a 5.6 billion law
Claudia Sheinbaum went down to Cancun for the annual bankers’ party. Their message was clear: we need them to loosen their wallets more. And according to her, she made a concrete commitment.
“The best news we can walk away with today is that they are going to increase credit from 38 percent of GDP to 45 percent of GDP.”
That is, banks promised to increase loans to the private sector by several points of GDP by 2030. A handshake in front of the sea.
The other big card: a massive investment law
But the loud announcement came later. The president reported that the Law to Promote Investment in Strategic Infrastructure is already in Congress. The amount is difficult to ignore: 5.6 billion pesos in public and mixed investment.
What do you want to use that money for? The plan lists everything from energy to roads.
- Energy: Reach 30,000 extra megawatts by 2030 and almost half of it will be renewable.
- Infrastructure: More roads, ports, trains and water and health projects.
- Innovation: 15 strategic projects for technology, made with Mexican academics.
These are figures that sound like a national project. Or at least, a very expensive attempt.
The menu of official optimism
The speech was a tour of the economic successes that, according to the government, justify this new impulse. Sheinbaum reviewed the script:
- Inflation control and a strong peso.
- A minimum wage that, he claims, has risen more than 150% in real terms since 2018.
- A historic drop in intentional homicides (44%, she says).
- And reduced poverty in millions of people.
All this, presented as the solid foundation for what is to come. Including the T-MEC negotiations, for which it was declared “positive.”
Small things also count: CoDi and procedures
Among the big numbers, there was room for more everyday ads. The simplification of the CoDi system for cell phone payments without commissions was highlighted.
And it was promised to continue with digitalization: pay for gasoline and booths digitally, and the most complicated thing: standardize procedures in the 32 entities of the country to “facilitate investments.” A titanic task against the local bureaucracy.
“We are positive and I think we have to be positive; if we work together, we will always get ahead… there will be issues on which we do not agree, it does not matter; we are a democratic country… the important thing is on the ones we do agree on.”
A conciliatory ending. After asking for more credit and announcing billions in investment, the message was one of forced unity. Or maybe necessary. Time will tell if the numbers promised today materialize tomorrow.




