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


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