End of preview - This article contains approximately 684 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Weekly Report - 15 September 2016 (WR-16-36)
MEXICO: Meade tables austere budget
Mexico’s new finance minister, José Antonio Meade, presented one of the most memorable draft budgets of recent years to the federal lower chamber of congress on 8 September. Meade, who had only assumed the position the previous day after the resignation of Luis Videgaray, announced significant spending cuts in the 2017 draft budget to try and stave off credit downgrades by international rating agencies. Although the cuts will primarily affect the state-run oil company Petróleos Mexicanos (Pemex), it was noteworthy that priority areas for the government, above all education, also took a substantial hit. Meade was keen to stress, however, that neither infrastructure projects nor social programmes would be impacted.
- Peru’s Kuczynski prioritises economy and security
- VENEZUELA: Deciphering the smoke signals
- ECUADOR: Opposition alleges a conspiracy
- TRACKING TRENDS
- REGION: Democracy slips a little in the ratings
- BRAZIL: Lula – “the maestro of an orchestra of criminals”
- ARGENTINA: Tackling insecurity in Rosario
- CHILE: Bachelet faces more mining problems
- TRACKING TRENDS
- MEXICO: Mass marches pile pressure on Peña Nieto
- MEXICO: Meade tables austere budget
- EL SALVADOR: No need for bespoke Cicig?
- Colombia’s Santos admits there is no fallback plan
- Quotes of the week