Sheinbaum celebrates economic growth with high wages and a stable peso

At her morning press conference, Claudia Sheinbaum didn't hide her satisfaction: the International Monetary Fund (IMF) has raised its projections for Mexican economic growth. This isn't a surprise to the president, as she asserted that she has always believed in the positive performance of economic variables .

"It's no longer like neoliberalism, when the economy was left to market forces. Today we work every day to consolidate growth," he said.

One of the most notable achievements was the 135% increase in the minimum wage in real terms , without triggering inflation. On the contrary, the Mexican peso remains one of the most stable and solid currencies in the world .

Sheinbaum recalled that for decades, the idea was held that an increase in wages would lead to the flight of foreign investment and higher prices. Recent experience, she said, has shown the opposite.

Foreign direct investment in Mexico has reached record levels. This phenomenon is explained, in part, by integration with the United States and the confidence generated by the country's macroeconomic stability.

Furthermore, Republican austerity policies and the promotion of public investment programs have strengthened confidence in the domestic market.

The presidential address wasn't limited to macroeconomic figures. Sheinbaum emphasized that the working-class sectors have seen tangible improvements:

• Minimum wage on the rise.
• Social programs aimed at the most vulnerable.
• Price stability that protects purchasing power.

In this way, the president linked economic performance with a narrative of social justice and wealth redistribution .

Sheinbaum emphasized the difference with neoliberalism, where the minimum wage was suppressed for 36 years under the promise of stability that never came. Now, the model focuses on:

• Growth with inclusion.
• Strengthening the domestic market.
• Attracting foreign investment without sacrificing wages.

The challenge will be to maintain a balance between growth, peso stability, and inflation control. The IMF has already endorsed the positive trend, but the global outlook remains uncertain.

With a strong peso , decent wages , and robust social programs , the government seeks to consolidate an economic model that, according to Sheinbaum, “puts the people at the center of development.”