It is worth recalling that México had sequential financial and fiscal crises in the 70s, 80s and the first years of the 90s, with severe consequences for the wellbeing of the population.
Therefore México realized that if it wanted to be considered as a trustworthy and reliable partner in the agreement, it needed to bring its house in order, and persevere in transforming the Mexican economy into a resilient, dynamic one. To achieve this, México has enacted several reforms that seek to strengthen its macroeconomic framework and improve its microeconomic structure.