Claudia Sheinbaum becomes Mexico’s first female president

On Tuesday, October 1, 2024, Mexico turned a new page in its political history when Claudia Sheinbaum was inaugurated as the country’s first female president. Her rise to the presidency marks an important moment in Mexico’s 200-year modern history, symbolizing not only a breakthrough in gender representation but also a new direction for the country’s future.

Sheinbaum’s path to the presidency was one of determination and breaking barriers. From her early days as a student activist and climate scientist to her career as the first female mayor of Mexico City, she has consistently challenged the status quo. Her election has sparked enthusiasm across the country, reflected in cheers of “¡Presidenta!” that sounded through the conference hall during her inauguration.

In her inaugural address, Sheinbaum honored her predecessor, Andrés Manuel López Obrador (AMLO), calling him “the most important political leader and social warrior in Mexico’s modern history.” López Obrador leaves office with a strong legacy, and Sheinbaum, his closest ally, is now tasked with advancing his ambitious vision for the country.

Sheinbaum’s speech focused on her commitment to advancing women’s rights, declaring, “It’s time for women.” This statement resonated deeply with her supporters and signals a shift toward greater gender equality in Mexican politics. She also reaffirmed her commitment to continue AMLO’s policies, especially in areas such as poverty reduction, employment and social well-being.

Sheinbaum challenged critics by highlighting concrete achievements over the past six years, asking: “How did 9.5 million Mexicans escape poverty?” She highlighted the success of “Mexican humanism,” a concept she and López Obrador promote that focuses on policies that lift the most vulnerable out of poverty.

Navigating economic challenges

While Sheinbaum has sparked optimism, she faces significant economic challenges. She sought to reassure both domestic and international investors that the central bank would remain autonomous, with the aim of maintaining economic stability. “We must ensure a favorable environment for investments,” she said, as experts called for disciplined fiscal management, especially with regard to heavily indebted state-owned companies such as oil company Pemex.

Analysts will scrutinize Sheinbaum’s first budget, due Nov. 15, to assess how she manages Mexico’s budget deficit and delivers on her social promises. The upcoming US elections pose potential challenges for Mexico’s trade relations, increasing the urgency of its economic strategy.

Sheinbaum’s agenda is ambitious, with plans to consolidate a high-quality public healthcare system and create 300,000 new places in higher education. “Health and education are rights of the Mexican people, not privileges or commodities,” she affirmed, signaling a strong focus on social equality during her presidency.

She faces continued violence linked to drug cartels, which remains one of her most pressing issues. Critics question the effectiveness of scaling up her experience managing urban security in Mexico City to tackle the national organized crime crisis. Its approach to public safety will play a crucial role in regions heavily affected by drug-related violence.

A new era of hope

As Claudia Sheinbaum assumes her role as president, she will not only become the first woman to hold Mexico’s highest office, but also a symbol of hope for millions of Mexicans. Her pledges to strengthen women’s rights, improve public services and maintain economic stability represent a vision for a more inclusive and equitable Mexico.

In her closing remarks, Sheinbaum pledged, “I will not let you down,” a vow that reflects the trust many have placed in her leadership. With her commitment to “continue making history,” she embarks on a journey that could reshape Mexico’s future and leave a lasting legacy for generations to come.

Mimi Mefo info