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Morena Party To Conduct Review Of Process Over Presidential Candidacy

MEXICO
  • The ruling party Morena will review a formal complaint by presidential hopeful Marcelo Ebrard, who has alleged that there were irregularities in an internal selection process that culminated in Claudia Sheinbaum becoming the party nominee for the 2024 presidential elections. A party committee will be tasked with doing a “deep and very serious” review of the allegations, Morena president Mario Delgado told reporters. (BBG)
  • Following the newly announced budget proposal, JPMorgan have revised its 2024 growth forecast for Mexico to 2.5% y/y from 1.8% previously, according to a note from Chief Economists for Mexico and Central America.

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