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Latest News - Economy
Governor Marina del Pilar Presents 4th State of the State Address in Baja California
Four years after her election, the governor presented a state of the state address on her administration's performance to Baja Californians.
Baja California Ranks Among Mexico’s Top Economies Under Governor Marina del Pilar’s Leadership
Governor Marina del Pilar has driven the state to record highs in foreign direct investment, industrial growth, and exports.
Governor Marina del Pilar Oversees Historic Poverty Reduction in Baja California
A period of social transformation in Baja California has culminated in a historic reduction of poverty across the state.
Mexicali’s Credit Rating Upgraded by Fitch Ratings
The city of Mexicali continues to strengthen its financial position.
HR Ratings Backs Baja California With Credit Upgrade, Cites Fiscal Discipline
The upgrade follows similar improvements from Moody’s and Fitch, both of which recently affirmed a stable outlook.
Baja California Launches “Very Mexican Friday” to Boost Family Businesses
The "Very Mexican Friday" initiative, which will boost local consumption and businesses in Baja California, was presented.
Baja California Sees 44% Surge in Base Wages Under Governor Marina del Pilar’s Administration
The State Executive Committee of CATEM highlighted the joint effort to strengthen labor conditions.
Baja California Earns Credit Rating Upgrades
Moody’s and Fitch Ratings have upgraded Baja California’s credit standing, citing fiscal discipline and improved financial autonomy.
Baja California Earns Fitch Ratings’ A- Credit Upgrade
This rating signals increased confidence in the state's economy and creates opportunities for new investments.
Punta Colonet Port To Increase Baja California’s Competitiveness
The Punta Colonet Port will boost Mexican exports via the Pacific by more than 35%.
Governor Marina del Pilar Recognizes MSMEs as Key to Baja California’s Economy
The governor reaffirmed her administration's commitment to supporting MSMEs.
Moody’s Upgrades Baja California to A- Rating, Citing Fiscal Discipline
Baja California now holds its best credit rating in more than half a decade.
BB Cross Border Logistics Aims to Streamline Trade and Cut Costs in Baja California
The BB Cross Border Logistics facility in Tijuana will reduce wait times for foreign trade operations.
Mexicali’s Merchandise Exports Grow 9.4% in First Quarter of 2025
Manufacturing and agricultural exports in Mexicali grew significantly, pushing total export value to $3.78 billion in early 2025.
Baja California Tops National Investment Projections for 2025
Federal data confirms Baja California as the top destination for private capital in 2025.
Governor Marina del Pilar Secures Recovery of 172 Million Pesos Withheld by Banca Afirme
The government of Baja California, led by Governor Marina del Pilar Ávila Olmeda, announced that Banca Afirme has returned 172 million pesos to the state treasury after a series of legal actions aimed at safeguarding public funds. The amount includes 123 million pesos withheld by the bank since January 2022, along with interest accrued during […]
Mexicali Draws Record $300 Million in Foreign Investment
Mexicali has seen steady growth in foreign investment and job creation, even in the face of shifting international trade dynamics.
Under Governor Marina del Pilar, Baja California Ranks Third Nationwide in Average Wages
The latest IMCO data shows Baja California holds the third-highest average monthly salary in the country, reaching $14,771 pesos.
Inflation in Mexicali Shows Slowdown
The slowdown has been attributed to moderate price decreases for certain food and energy products.
Baja California Climbs Three Places in State Competitiveness Index
The state stands out for its progress in infrastructure, society, environment, and the labor market.