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Xóchitl Gálvez warns that he will ‘cancel’ the Welfare Pension Fund if he wins the presidency – El Financiero

If favored by the vote of Mexicans on June 2Xóchitl Gálvez, presidential candidate for the “Strength and Heart for Mexico” coalition, would roll back the newly established Pension Fund for Welfare, Well, he thought that it is not fair for him to use the workers’ resources.

“That (the Fund) be reverted and handed over to the owners, that they be searched for. To start, let them know. I don’t think there is anyone who knows they have money and doesn’t want to collect it. The problem is that they don’t know they have that money,” he said during his participation in the 2024 National Meeting of Regional Directors of BBVA México.

He even asserted that this initiative did not seek to improve workers’ pensions, but rather to keep the money of those who are over 70 years old and, after 10 years, did not claim those resources. He warned that by following the party that currently governs, he could seek in the future the savings of 60-year-old Mexicans and those of Infonavit.

Which 4T institutions would Gálvez leave?

When there was a change of government, he assured that his administration would be in favor of maintaining the Banco del Bienestar, but as long as it does not lose resources. In this sense, he said that he would review what was stated in the Pre-Criteria made by the current management in the Ministry of Finance on how to reverse this year’s public deficit.

He stressed that before making a cut in public spending, would analyze the situation of Petróleos Mexicanos (Pemex), the Federal Electricity Commission (CFE) and the Mexican Aviation Commission. “We need to review all those losses they have, because nothing more than cuts just for the sake of it.”

About the appointments he would make during his administration in various organizations, such as the vacancy of the deputy governor of the Bank of Mexico (Banxico), Irene Espinosa, at the end of the year, proposed a competition method with experts in the corresponding field in which the best profiles would be chosen and not whoever they are. related to his government.


“I don’t want pet ministers who are going to do what I say. I want ministers who defend the Constitution, I want those responsible for the Bank of Mexico that defends autonomyto”.

Would Gálvez carry out a tax reform?

Xóchitl Gálvez, like his opponent, Claudia Sheinbaumfrom the “Let’s Keep Making History” coalition, rhe rejected carrying out a tax reform during his mandate, Well, for politics, a better way to finance their proposals is to stop spending incorrectly and on pharaonic works.

“If we want to have a government that continues losing money and making stupidWell, yes, we have to do tax reform, but I don’t plan to do it. stupid. I plan to be an efficient president,” the candidate stressed.

In this sense, it was said to be open to private investment, especially in the energy sector. In fact, he stated that the oil rounds scheme must return and be respected in order to promote these activities and in areas where currently the State oil company does not show positive numbers.

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