“There are healthy public finances in Mexico” (Carlos Slim)

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Mexico’s richest man, Carlos Slim, whose holding company Grupo Carso is involved in the ambitious infrastructure plan recently announced by AMLO himself, stated that attractive conditions exist for private-sector driven investments.

“There are healthy public finances with a lot of discipline on the part of the public sector… and I think that gives great confidence for private investment, which is always available if the right conditions exist,” Slim said.

As economic growth has frozen, Lopez Obrador’s government has targeted a 1% primary budget surplus this year in an effort to project fiscal responsibility.

Reporting by Sharay Angulo; Additional reporting by Abraham Gonzalez; Editing by David Alire Garcia and Alistair Bell for REUTERS

Source: REUTERS