Mexico Congress Considers Nomination for Deputy Finance Minister

Mexican President Claudia Sheinbaum has nominated Maria del Carmen Bonilla to serve as the country's deputy finance minister, a role that has been vacant since March following Edgar Zamora's promotion to finance minister. Bonilla currently leads the finance ministry’s public credit and international affairs unit, where she has been responsible for government bond issuances since 2021. Her nomination is expected to be reviewed by a congressional committee in a hearing scheduled for Wednesday. As deputy finance minister, Bonilla will play a crucial role in shaping Mexico's financial strategy amid mounting economic challenges. This appointment marks a significant step in filling the powerful No. 2 position in the finance ministry after five months of vacancy. Bonilla's extensive experience in managing public credit and international affairs positions her as a key figure in the country's fiscal leadership going forward.