Mexico’s 2018 was marked by significant uncertainty and wariness among investors. On his third presidential campaign, Andrés Manuel López Obrador ran on an anticorruption and socially-focused platform. He promised to cancel iconic projects and industry advances, including NAIM and the Energy Reform, which generated concern in the national and international business communities. Following a historic landslide win, López Obrador generated hope for change and opened the door for investment in sectors that past administrations did not consider a priority. Still, uncertainty lingers and fulfilling campaign promises while maintaining macroeconomic stability will be a tough balancing act, particularly since most promises involve more public spending while reducing tax income. However, the federal administration has vowed to not incur further debt or lead the country into an economic crisis.
