During today’s briefing it was reported that the whole country is now on red light.
Article
Mexico City, State of Mexico, Jalisco, Guanajuato, Tabasco and Puebla have most of the 19,015 active cases; the whole country is now on red light
Savings in Afores
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The current COVID-19 crisis could prove to be the demise of many Afores in Mexico, leading to less competition.
broken piggy bank, piggy bank, savings
Weekly Roundups
MORENA proposed that Mexicans who lose their jobs should be able to access their retirement savings. However, the IDB warned about this solution
Economic Recovery
Weekly Roundups
Though Arturo Herrera has said that it will only take a few months for the country to gain back what it has lost, experts do not agree.
Economic Growth
Article
Grupo Banorte’s Gabriel Casillas and Alejandro Padilla say economic growth and macroeconomic stability do not immediately lead to social equality
Remittances
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Even though remittances dropped in April compared to March, it is expected they will maintain their annual growth of 5 percent.
Arturo Herrera, Minister of SHCP
Article
Arturo Herrera, believes the country is bound to experience a V-shaped recovery, experts do not agree.
QR payments
Article
Alejandro Díaz de León says before the COVID-19 pandemic, 127 SPEI participants had shown interest in CoDi.
COVID-19 economic crisis
Article
According to IMEF and INEGI, business confidence and economic performance are experiencing new historic minimums.
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