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Mexican President Discusses Economic Performance with Fitch Ratings

Mexico City, Nov 22 (Prensa Latina) President Claudia Sheinbaum held a meeting today with the executive director of the rating agency Fitch Ratings, Shelly Shetty, to discuss the good performance of the economy, healthy finances and Mexico's plans.

“We met at the National Palace with Shelly Shetty, executive director at Fitch Ratings, and her team, to discuss the good performance of our economy, healthy finances and Mexico’s plans,” the president said in a message on X.

Last July, the Fitch agency maintained Mexico’s long-term foreign currency debt rating at BBB-, above investment grade, and confirmed the stable outlook.

According to a statement from the Ministry of Finance and Public Credit, with this last consideration, Fitch said it did not expect any changes in the rating during the next 12 to 18 months. The entity recognized Mexico as having a prudent, consistent and credible macroeconomic policy framework, the text stated, adding that external finances remained robust with the capacity to absorb external shocks.

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