Sheinbaum promises a higher minimum wage without affecting inflation to businessmen

Mexico City. Claudia Sheinbaum, presidential candidate of the Let’s Keep Making History coalition, committed this Monday that the minimum wage in Mexico represents 2.5 basic baskets, without having an impact on inflation, since the increase will be gradual from now until 2030.

With the commitment to the business class in Mexico to respect the autonomy of the Bank of Mexico (BdeM); that there will be no gasoline and that the price of electricity and domestic gas will be maintained, as well as that the flag bearer of the presidency of the Republic for Morena, PT and PVEM will be responsible for the country’s public finances, he highlighted. that all this is possible and also guarantee the reduction of poverty.

During the meeting with businessmen and women in Mexico, Claudia Sheinbaum explained that the objective of her administration, if she wins the presidency on June 2, is for the minimum wage to represent 2.5 basic baskets (more than two thousand 500 pesos).

“We have worked with models used by the Bank of Mexico, with businessmen and academics to study what impact this may have on inflation. And, according to the models, it has to be done gradually between now and 2030, so this will allow us to have no impact on inflation.

“Likewise, the increase in the minimum wage does not affect average wages. We have already calculated it and in this way guarantee the reduction of poverty in the country,” said the candidate.

In front of executives from the main chambers of the industry, as well as financial institutions and businessmen, the presidential candidate of the Let’s keep making history coalition stressed that the autonomy of the Bank of Mexico will be respected, “something that has given strength to the current moment and is fundamental for the future.”

Likewise, he promised not only that there will be no gasoline charges, but that there will also be no increases in electricity and domestic gas; since it will continue with republican austerity.

Meanwhile, he will promote the non-remission of taxes in the Constitution and maintain a responsible balance between debt and gross domestic product (GDP).

“We are going to be very responsible in public finances, rest assured. We did it in Mexico City and we are going to do it in the country,” Sheinbaum promised.

More resources, from where?

Without mentioning a possible tax reform, in order to have more resources for social programs and for its infrastructure projects, the candidate maintained that a greater amount of resources will come from simplification and digitalization within the government.

“Without increasing taxes, we are betting on technology; We are going to do an intensive simplification and digitalization program. “We want to change the Regulatory Improvement Law for a Law to Simplify Procedures for investment and also for the government.”

For its part, it will invest in the modernization of customs equipment, to avoid corruption and increase collection.

Given the presentation of businessmen to strengthen the rule of law and security in the country, Sheinbaum maintained that the downward trend is already occurring in this matter, so the objective will be to accelerate the decline by strengthening the National Guard, the prosecutors and the judiciary.