Mexico's finance minister agrees to stay in role in new government
Sign up now: Get ST's newsletters delivered to your inbox
Mexico's Finance Minister Rogelio Ramirez de la O speaks at an event marking more than 200 years of diplomatic relations between the United States and Mexico, in Mexico City, Mexico December 6, 2023. REUTERS/Daniel Becerril/File Photo
Follow topic:
MEXICO CITY - Mexican Finance Minister Rogelio Ramirez de la O accepted President-elect Claudia Sheinbaum's invitation to stay on in the role, she said in a video shared on social media on Monday.
President Andres Manuel Lopez Obrador earlier on Monday had said Ramirez would stay in the role for some time to ensure a smooth transition when Sheinbaum takes office in October.
"He is a man with great national and international recognition, honest, knowledgeable, professional," Sheinbaum said in the video. "He is a great public servant who provides certainty of good financial and economic management."
Sheinbaum, who won a landslide victory on Sunday and will be Mexico's first female president, is expected to inherit a complicated fiscal panorama from her predecessor, marked by a growing fiscal deficit and long-standing weaknesses in state-owned oil firm Pemex. REUTERS
