MEXICO CITY (Reuters) – Mexican Finance Minister Rogelio Ramirez de la O accepted President-elect Claudia Sheinbaum’s invitation to stay on in the role, she said in a video shared on social media on Monday.
President Andres Manuel Lopez Obrador earlier on Monday had said Ramirez would stay in the role for some time to ensure a smooth transition when Sheinbaum takes office in October.
“He is a man with great national and international recognition, honest, knowledgeable, professional,” Sheinbaum said in the video. “He is a great public servant who provides certainty of good financial and economic management.”
Sheinbaum, who won a landslide victory on Sunday and will be Mexico’s first female president, is expected to inherit a complicated fiscal panorama from her predecessor, marked by a growing fiscal deficit and long-standing weaknesses in state-owned oil firm Pemex.
(Reporting by Kylie Madry; Writing by Brendan O’Boyle; Editing by Sarah Morland)