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Mexico is almost certain to elect its first female president in June — both leading candidates are women — but it’s almost equally as certain that she won’t have much room to act independently of outgoing President Andrés Manuel López Obrador. The populist president has continued proposing new, expensive projects in the closing months of…

Last year, the Mexican economy finished with a budget deficit of 3.4% of GDP, the highest since 1989,” said Gabriela Siller, the director of analysis at Nuevo Leon-based Banco Base. “This year they are predicting a deficit of 4.9% of GDP, the highest since 1988, and debt means more borrowing. Their numbers don't add up,”

Mexico is almost certain to elect its first female president in June — both leading candidates are women.

Mexico is almost certain to elect its first female president in June — both leading candidates are women

Mexico will likely elect a woman as its next president in June, but whoever wins will face significant challenges due to financial commitments initiated by the current president.