Credit rating agency HR Ratings has ratified the HR AA+ rating with Stable Outlook for the Veracruz City Council, under Mayor Patricia Lobeira's administration. This recognition highlights the financial strength and responsible management of public resources. It positions the municipality as one of Mexico's most economically solid.
The ratification of the HR AA+ rating with Stable Outlook by HR Ratings reflects the adequate administration of the Veracruz City Council's own revenues, as well as the optimization of federal and state resources and a prudent debt policy. These factors have enabled the municipality to meet its financial obligations, maintain sufficient liquidity, and allocate resources to infrastructure works, public services, and social programs.
During her tenure, Mayor Patricia Lobeira has reiterated that the objective of her government has been to ensure transparent and efficient management of every public peso, prioritizing projects that improve the quality of life for Veracruz residents. Additionally, she has promoted administrative and financial modernization based on planning, accountability, and operational efficiency.
Thanks to these actions, the city council has increased local revenue collection, strengthened internal oversight mechanisms, and ensured budgetary sustainability without compromising investment in basic needs. The recognition highlights the municipality's economic stability amid inflationary challenges and its ability to maintain responsible spending without additional financing.
This distinction also reflects institutional and credit confidence in Patricia Lobeira's administration, as well as her commitment to the stability and growth of Puerto de Veracruz. With it, the municipal government reaffirms its commitment to transparency, financial discipline, and good governance, establishing itself as a benchmark in municipal administration in Mexico.