Jose Angel Gurriaformer Secretary General of the OECD, recommended to the government from Mexico implement a stable foreign investment policy and agree on a reform fiscalbecause he warned, otherwise the economic growth will be less than 2 percent.
During the Forum’Challenges and Opportunities for the Productive Sector of Mexico‘ from Chamber of Deputies The economist warned that world growth will be reduced as a result of the pandemic COVID-19.
Everything that creates uncertainty stops investments, stops growth, stops job creation, stops exports, stops foreign trade,” he explained.
Gurria Trevino estimated at 1 percent drop the increase worlda figure that could rise to 1.5 percent in some countries economically close to Russia and in Europe derived from the invasion of Ukraine.
On Mexicothe former Secretary of the OECD maintained that the economy will be affected by inflation international.
He also criticized the fact that the country has a rate of 60 percent of labor informalityto 50 percent of Mexicans in povertyand that the investment current has been weak both the public and private sectors.
We have to have foreign investment policies that are attractive, that are stable, that are predictable, that attract capital so that we achieve the cruising speed of the economy, because these 2 percent that we have had, and now with the fall of the year 202 and the numbers that await us for the rest of this administration, we are going to have a very low average in this administration.”
Another problem, stated Jose Angel Gurriais the “small government” that does not allocate enough resources to the country’s problems.
In this sense, he said, a reform fiscal.
With information from López-Dóriga Digital