Management of Mexican economy is impeccable and exemplary: World Bank

Mexico (Notimex) -- The management of the Mexican economy is impeccable and exemplary, which puts it in a good position in a very complex context in Latin America, the World Bank said.

Although inflation has rebounded to around 6 percent, it is still a "relatively low" low rate and will begin to reverse, the bank’s director for Colombia and Mexico, Gerardo Corrochano, said.

"There is a complex regional context, very complex, but everything is being done to keep this up, but I think we are still in a very good situation," he added.

For the World Bank, he said, it is fundamental that Mexico continues with the implementation of many of the structural reforms approved in previous years, mainly because 2018 is an election year and there is a complex regional context, especially in North America.

"Continuing to give these clear signs of excellent management of the Mexican economy is fundamental so that the expectations of Mexicans and investors in general, domestic and foreign, are maintained," he said.

Corrochano said that the World Bank trusts "the exemplary way the Mexican economy continues to be managed" and that "this is a phenomenon we have not seen in many Latin American countries, but in some of them we are already seeing a change in the trend".

Photo: Isaías Hernandez/Notimex