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    Published on Tuesday, July 9, 2019 | Updated on Wednesday, July 10, 2019

    Mexico | The Secretary of the Treasury's Resignation, a bad sign

    Summary

    Carlos Urzúa stated that the lack of support for political decisions was the reason; the reasons for his departure are more worrying than the resignation in itself.

    Key points

    • Key points:
    • Lack of support for political decisions to fulfill his functions
    • “The appointment of officials" without expertise in the SHCP by "influential characters [...] with a clear conflict of interest"

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    Authors

    Javier Amador BBVA Research - Principal Economist
    David Cervantes Arenillas BBVA Research - Senior Economist
    Saide Aránzazu Salazar BBVA Research - Principal Economist
    Carlos Serrano BBVA Research - Chief Economist

    Documents and files

    Report (PDF)

    190709_RenunciaSecretarioHacienda-1.pdf

    Spanish - July 9, 2019

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