Raquel Buenrostro’s Economic Challenges
In the context of trade differences, in which it is intended to avoid the formation of an international commission, it is important that the new Minister of Economy meets certain characteristics such as knowledge of the private sector, that she is in favor of investment and international trade, Ivan Franco, founder of Triplethree, and José Antonio Salazar Andrew, academic secretary of the School of Government and Economics agreed at Pan American University (UP).
Among the important elements of Buenostro’s appointment, Jesus Carrillo, director of sustainable economics at the Mexican Institute of Competitiveness (IMCO), considered that they highlight that he is someone who has the president’s confidence, something that is becoming more important in the treasury.
“The cabinet is built more and more close to the president,” the economist said.
Carrillo stressed that Poinrostro was a very important figure from the financial side, and now he will have to think about industrial policy, the matter of consulting on energy issues and helping to boost business.
Salazar Andrew, of UP, added that although Raquel Buenrostro has a good technical profile, the treatment of taxpayers subsidized by the US and Canadian governments will be different: “She’s not a familiar face in energy affairs, let alone diplomacy.”
“You have to be smart to find allies,” the EMCO specialist added.
Carrillo commented that trade agreements with Ecuador and the United Kingdom are also on hold: “He doesn’t have much choice, given the short learning curve, there is a critical issue for the Mexican economy, and there is a very important pressure point in energy policy.”
Private business organizations have expressed their support for the newly appointed Minister of Economy.
“The International Chamber of Commerce of Mexico (ICC Mexico) appreciates the technical and professional capacity demonstrated by the new Minister of Economy, Raquel Buenostro Sanchez during her tenure as SAT President and Senior Official at the Ministry of Finance, and puts in your disposal all the technical capabilities of the World Organization of Companies,” the institution said in a statement. in order to contribute to the better performance of his position.
“Members of our organization are aware of the readiness of the new head of the Ministry of Economy to listen and participate in the proposals of the business community, with the aim of obtaining the best productive conditions for Mexico,” he explained.
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