Mexican billionaire Carlos Slim pledged an investment of $5 billion [1] to support the economic policies of President-elect Sheinbaum.
This commitment signals a significant alignment between Mexico's private sector and the incoming administration's economic agenda. By backing the government with substantial capital, Slim aims to stabilize investor confidence and stimulate domestic growth.
During his annual press conference, Slim addressed several pressing economic and social issues. He focused on the role of private investment in the national economy, saying that a greater disbursement from the private sector will be felt next year [2].
Slim also used the platform to voice frustration over the costs associated with the 2026 World Cup. He criticized the pricing of the event, saying, "Los precios de los boletos son un exceso" [3].
Beyond sports and investment, the businessman defended Mexico's financial standing against international credit-rating agencies. Slim targeted the recent actions of Moody’s and S&P, which have lowered the country's credit rating. He said it is irrational for these agencies to cut Mexico's rating [4].
This defense of the national economy comes as Mexico prepares for a transition in leadership. The combination of private investment pledges and public defense of the country's creditworthiness suggests a strategy to protect the nation's financial reputation on the global stage.
“"Los precios de los boletos son un exceso."”
Slim's $5 billion pledge serves as a strategic endorsement of President-elect Sheinbaum, potentially mitigating market volatility during the leadership transition. By simultaneously attacking credit-rating agencies and criticizing World Cup pricing, Slim is positioning himself as a defender of both the national economy and the average consumer, leveraging his influence to pressure international financial institutions and sports organizers.
