How Gender Disparity Exacerbates Mexico's Economic Woes
Mexico faces a looming fiscal crisis, predicted for 2025, despite prior warnings. Experts highlight the need for increased public income to meet development goals, yet current discussions downplay this necessity.
We’re all familiar with Mexico, right? Sun, beaches, tequila… and apparently, a looming fiscal reckoning that’s been whispered about like a bad rumor at a high school party. It’s 2025, mark your calendars, because according to Enrique Provencio Durazo, coordinator of the University Program for Development Studies (PUED), that’s when the fiscal chickens are finally coming home to roost. And these aren’t just any chickens, these are debt-ridden, austerity-plagued, possibly rabid chickens.
Durazo, speaking at the 17th National Dialogue for a Social Mexico (a title so bureaucratic it could induce a coma), reminded everyone that this isn’t exactly breaking news. Back in 2021, the Ministry of Finance itself basically pre-announced this impending doom, suggesting 2024 as the initial date of impact. But, like a delayed flight on a budget airline, it’s been pushed back. 2025. It has a certain ominous ring to it, doesn't it?