March 3, 2022 |
Public and private investments in Mexico's energy sector expose a "weakness" that could be a "drag" on economic growth in the second quarter this year, Jorge Arce, CEO of HSBC in Mexico, told LatinFinance.
"It is a drag on the economy that we hope will be corrected as soon as it is clarified what type of reform Mexico is going to have and is approved in the legislative process," Arce said.
In October last year, President Andrés Manuel López Obrador presented reforms to Congress that would author
Other sectors, including farming and tourism, are showing positive signs of growth for the second quarter, according to CEO of HSBC México