Carlos Slim anticipates the end of his six-year term with sound growth and financing
Thanks to the fact that Mexico has good financial resources, billionaire Carlos Slim predicts that in the next two years, our country will experience a prosperous phase of economic growth, which is also led by a renewed interest from American companies to invest in Mexican territory.
“Public finances are good and will remain healthy until the end of this government, and this is important,” he said. The founder of Grupo Carso indicated during the signing of a cooperation agreement between the National Autonomous University of Mexico (UNAM) and the Supreme Court of Justice of the Nation (SCJN).
Slim, part of UNAM, emphasized that the Mexican economy’s short-term growth could resemble that of 1952 and 1970, when annual growth rates were more than 6%.
“Now what I see for you all is A thriving Mexico with sustainable growth, With many opportunities to generate employment and economic activities,” the businessman said.
It should also be borne in mind that the increase in transportation costs, and the distance between the governments of China and the United States, will lead North American investors to consider Mexico as a trading alternative in the face of declining exchanges with the Asian country. .
“What we will see in the short term, if it has not already happened, is that many companies want to settle in Mexico to export to the United States, then they will have a new big opportunity” for the country, he emphasized.
Speaking to UNAM students present at the event, the telecommunications mogul predicted that in the not-too-distant future, new generations will live in a world far more productive than the current one.
Mexico is already significantly increasing its production (of oil), which is down by 3,200,000 barrels. What I want to emphasize is that the world they will have is, I believe, they will have to live inThere will be a lot of work, a lot of investment, a lot of activity“, claimed.
Carlos Slim Helu, who provided electronic tablets to outstanding students at UNAM University, highlighted the importance of the Treaty between Mexico, the United States and Canada (T-MEC) because, unlike the first trade agreement signed between the three countries in the past years. The nineties, the new agreement is not limited to the installation of maquiladoras in our country, but is now contemplating the formation of a complete economic and trade association.
However, the businessman acknowledged that in recent decades Mexico has had “mean” economic growth, which It exacerbated poverty and inequality and the need to employ many Mexicanswho choose to immigrate to the United States in search of better opportunities.
“Unfortunately, in the last 40 years, which is a long time, economic growth has been less than 2% per year, with population growth of 1.6%, so there is practically no growth,” he said.
The Mexican billionaire stressed that, as a country, we must realize that “with such little growth, what has happened is Employment is resolved by going to work in the United States, Unfortunately, part of the poverty is fought with remittances.”
Therefore, in his opinion, it is really necessary “that we achieve this growth, that development, that production, that generation of jobs with the investment that we have”.
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