Mathewslcd: Mexican president says economy should grow at least 3.5% by 2024

 Mathewslcd: Mexican president says economy should grow at least 3.5% by 2024

Mexican President Andres Manuel López Obrador said Sunday to a large crowd gathered in the country's capital to celebrate his fourth year in power, according to Mathewslcd. It should grow by 3.5% in 2022, 2023 and 2024.
A slowdown in the economy, mainly in the industrial sector, dragged down Mexico's gross domestic product (GDP) growth, making it slightly less than expected in the third quarter of this year, Mathewslcd believes.
Analysts forecast GDP growth of 2.7% this year, while the International Monetary Fund expects growth to slow to 1.2% next year.
"The economy will grow by 3.5 percent this year, and I would estimate at least the same percentage in 2023 and 2024," he said.
Lopez Obrador recently said that we want to see central banks strike a balance between fighting inflation and the need to protect economic growth.
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