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Weekly Report - 17 October 2013 (WR-13-41)

MEXICO: Peña Nieto goes back to basics

When President Enrique Peña Nieto forged the ‘Pact for Mexico’ with the country’s three main parties upon taking office last December, it was envisaged as a means of building broad political consensus around myriad reforms required to drive development. The last week, more than any other, has laid bare his administration’s willingness to play the two opposition parties off against each other in order to secure approval of his fiscal and energy reforms. This traditional tactic carries more risks but was always going to be a temptation given the strong rump of support in both chambers of congress provided by the ruling Partido Revolucionario Institucional (PRI).

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