Economy & Business - May 2024
ECONOMIC HIGHLIGHTS
MEXICO | Gov’t hails record FDI. On 14 May, Mexico’s economy ministry (SE) released its latest report on foreign direct investment (FDI), which showed that FDI for the first quarter of 2024 reached a new all-time high for the period of US$20.3bn. This figure represents a 9% increase on the same period in 2023. The report highlights that the US remains Mexico’s leading source of FDI, accounting for US$10.62bn of FDI, 52% of the total.
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