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LatinNews Regional Monitor: Mexico - 17 August 2018

MEXICO: López Obrador defends oil sector rescue programme

“We will have enough money because there will be no corruption, there will be no waste, and I think that there is the difference”. This is how Mexico’s President-elect Andrés Manuel López Obrador sought to fend off criticism of some of the key economic proposals recently unveiled by his government transition team. The criticism has been centred around concerns that the major infrastructure development plans that the new government has proposed developing to stimulate domestic economic activity will only succeed in saddling the country with sizable financial debts in return for limited benefits. López Obrador is determined to refute this criticism and secure widespread public support for his proposals.

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