Mexico GDP Growth and Colombia Reserve Build-up Highlight Latin American Economic Outlook

Mexico President Claudia Sheinbaum announced that the country's gross domestic product grew 1.5 % in the latest quarter and 2.1 % year‑on‑year, according to INEGI’s quarterly estimate. She noted strong gains in the primary sector, especially agriculture, mining and services, and said public‑works projects such as the Vivienda para el Bienestar housing programme will further boost growth in the second half of 2026.

Colombia’s central bank, Banco de la República, approved a two‑year programme to purchase up to US$4 billion in foreign currency, aiming to raise total reserves from roughly US$67 billion to about US$73.7 billion. The move is described as preventive, intended to strengthen the country’s buffer against external shocks after recent declines in reserve adequacy metrics.

Both measures reflect a broader effort by Latin American governments to reinforce economic stability and growth amid uncertain global conditions.