Mexico Takes Steps to Bolster Economic Growth

President Claudia Sheinbaum unveiled plans to boost Mexico's economy, an effort underscored by recent preliminary data showing marginal growth. In a press conference, Sheinbaum, accompanied by key cabinet members, detailed the government's measures, signaling a proactive approach to economic stability.

The data indicated a 0.2% increase in economic activity during the first quarter of this year compared to the final three months of 2024. This uptick, although modest, serves as the backdrop for the proposed initiatives aimed at spurring further growth.

The government's new economic strategies are expected to focus on diversification and innovation, setting the stage for potential long-term benefits as officials work to build resilience against external economic variables.

(With inputs from agencies.)