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2h ago

Sheinbaum Marks First Year With Zócalo Rally, Projects Confidence on Trade and Tech

High approval reflects expanded welfare, with rising fiscal and corruption concerns.

People gather at Zocalo Square to attend an event marking Mexico's President Claudia Sheinbaum's first year in office, in Mexico City, Mexico, October 5, 2025. REUTERS/Henry Romero
Mexican National Guard officers patrol at a high point of El Nido de las Aguilas in eastern Tijuana, Baja California State, Mexico, on March 5, on the Mexican side of the Mexico-US border.
People gather at Zocalo Square to attend an event marking Mexico's President Claudia Sheinbaum's first year in office in Mexico City on Sunday.
New turf installed on the field of the Akron stadium, which will be one of the three venues in Mexico for the 2026 FIFA World Cup, near Guadalajara on July 22.

Overview

  • At a packed anniversary event in Mexico City’s Zócalo, President Claudia Sheinbaum said a favorable U.S. trade agreement is achievable and previewed domestic projects in EVs, semiconductors, satellites, drones and a national AI lab.
  • Surveys this week place her approval around 70%, crediting expanded pensions, scholarships and other aid as key drivers of support.
  • The government says social programs cost about $54.3 billion this year and benefited roughly 21 million people, with similar spending planned for 2026.
  • Economic headwinds persist, with growth forecast near 0.5% for 2025, five straight months of falling remittances and a widening fiscal deficit cited by analysts.
  • Corruption remains a weak spot in public perception, with 73% giving poor marks despite officials announcing 14 arrests tied to a large fuel-smuggling ring; official data also show national homicides down in her first 11 months, though violence is uneven across states.