economy and politics

2022 is shaping up to be one of the worst years for Afores: Consar

2022 is shaping up to be one of the worst years for Afores: Consar

In the first eight months of the year, the Afores report capital losses of 304,657 million pesos, a figure that contrasts with the profits obtained in 2021, when the Afores had capital gains of 352,299 million pesos.

In 2022, five months with disabilities have been registered: January, February, April, June and August, according to Pliego. However, the official stressed that investments in this type of instrument are long-term.

Unemployment withdrawals register a record amount

It was not only a bad month for the returns on investments in the Afores. In August, the withdrawals made by Mexicans for unemployment reached a level not seen since October 2020.

In the eighth month of the year, 2,082.2 million pesos were withdrawn from the Afores for unemployment benefits, 6.55% more than the same month last year.



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