Mexico has not seen the last of COVID-19 and its effects on the economy. Dire expectations and reforms to the afore system in this week’s roundup.
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.
Afores and banks continue to register positive performance. However, this does not mean the country’s financial system is out of the woods yet.
The government has presented a calendar for economic reactivation but many fear that a rapid reactivation could lead to a second fall in the economy
March and April 2020 economic results have been mixed, with good news in terms of remittances and trade but negative results in terms of consumption.