Mexico touts foreign investments as IMF warns about reforms

Mexico touts foreign investments as IMF warns about reforms

Mexico touts foreign investments as IMF warns about reforms …C0NTINUE READING HERE >>>

Mexican President Claudia Sheinbaum speaks after meeting foreign business leaders at the National Palace.
Photo: Yuri CORTEZ / AFP
Source: AFP

Seeking to calm investor jitters over controversial judicial reforms, Mexico’s new president said Tuesday that four foreign companies would invest around $20 billion in the Latin American nation next year.

The announcement came on the same day that the International Monetary Fund (IMF) predicted slowing growth for Latin America’s second-largest economy and issued a warning about uncertainty created by the reforms.

President Claudia Sheinbaum…

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