Mexico & Nafta - October 2019

The administration led by President Andrés Manuel López Obrador is already looking forward to advancing its economic plans in the new year.... Read More

On 8 September, Finance Minister Arturo Herrera presented the first budget since President Andrés Manuel López Obrador took office last December.... Read More

Mexico’s central bank (Banxico) started easing monetary policy in mid-August after five years of keeping interest rates on hold.... Read More

Following hot on the heels of a planned cash injection in the 2020 budget, the state oil firm Pemex has issued new bonds, using the proceeds to buy back shorter-term and more expensive debt.... Read More

In the past month, there have been several announcements of fresh foreign investment in new tech start-ups in Mexico, auguring well for the future of the emerging fintech sector.... Read More

“We have not yet completely eradicated fuel theft…but we will.” This is how Mexico’s President Andrés Manuel López Obrador described the progress his administration has made in combating fuel theft (locally known as ‘huachicoleo’) since assuming office in December 2018.... Read More

Mexico’s President Andrés Manuel López Obrador said his government would adopt an integral strategy to combat drug trafficking in the country, one that would not only focus on combatting drug trafficking organisations (DTOs) but also address some of the socioeconomic factors that allow them to thrive.... Read More

Since August, thousands of women have taken to the streets of Mexico City (CDMX) and other cities around the country to protest against gender violence.... Read More

Growth forecast: On 29 August Mexico’s central bank (Banxico) reduced its economic growth forecast for 2019 to 0.2%-0.7%, down from 0.8%-1.8% in March.... Read More