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Federal Government Supports SMBs as Never Before: Calderón
 Suzanne Stephens Waller - Presidencia de la República
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November 07, 2010
| | (Presidencia de la República) | |
Mexico City - Small and medium businesses, which produce 7 out of the 10 jobs in Mexico, play a crucial role in the economy, because with their dynamism, they constitute the core of the productive sector, declared President Felipe Calderón, during the closing of the National Bicentennial SMB Week 2010, in an event in which he said that Federal Government is working to support them as never before.
He said that his government supports this sector as a whole because, he said, they contain the seed of our future growth, which we so long for.
Accompanied by Economy Secretary Bruno Ferrari García de Alba, President Felipe Calderón declared that “the future of Mexico depends on the strength of our SMBs, which is why we are going to continue promoting their development."
He said that the National Bicentennial SMB Week 2010 has proved the support given to small and medium businesses and reported that for the first time, it included the participation of 44 large firms as well as 62 maquiladoras, with which SMBs will be able to develop trade links to become suppliers.
“We want to and in fact already are developing new production chains at the same time as we are strengthening the internal market and helping large firms not to have to look overseas for suppliers. Instead, they will be able to obtain 100 per cent of their input from other Mexican firms which can offer them at better prices and with superb quality.
A propos of this, he said:“This effort is particularly important today, since, as the figures show, we have emerged from one of the most severe global crises in history and economic conditions are such that this is a wonderful time to do business in Mexico."
He added that, “The crisis certainly affected us last year but it must be said that, as a nation, we are not only still standing but have the energy and vision, together with the necessary economic conditions to grow with more impetus and dynamism than before the crisis.”
Proof of this, he said, are the data yielded by the Mexican Social Security Institute (IMSS) regarding employment. In October alone, 130,000 net new jobs were created, in other words, not counting those lost as a result of resignations and lay-offs.
He explained that, “In 2010 alone, 850,000 new jobs, with members paying their quotas for the Mexican Social Security Institute were registered up to October. This is one of the highest figures for formal employment registered in the country. These are undoubtedly good news.
“In fact, the record the Social Security Institute had registered was 2008, the highest point in its history before the crisis. We now have over a quarter a million more jobs since before the crisis which had affected the Mexican Social Security institute, making a record number of members nationwide.”
He said that recently, other figures have been released showing that Mexico has the economic conditions to be able to achieve even greater growth. One of these, he said, is that according to the United Nations, the Human Development Index in Mexico improved in 2010 in comparison with 2009.
“Two. The World Bank published what is called the Opening Sub-Index or Doing Business Index, in which Mexico moved up six places to 35th position worldwide, making Mexico the best place for doing business in Latin America, according to the World Bank."
"And although a lot has been said about other economies that attract a great deal of attention, the BRICs: Brazil, China, India and Russia, the truth is that, according to the World Bank Index, Mexico is the best place for doing business, better than China, Brazil, Russia and India."
The third recent data, he said, is that, “The World Trade Organization has just announced that Mexico has already become the tenth largest exporting country, above countries that are larger than us such as India and Brazil.”
For all these reasons, President Felipe Calderón declared that, “Conditions are in place and it is time for us to get to work to make the best use of our capacity for development.”
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