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Mexico - December 2019

Introduction
The December Regional Report: Mexico & Nafta includes articles on Mexico’s domestic economy and on some of the varied security problems that continue to plague the country...
Economy
With Mexico teetering on the brink of a downgrade by the main credit ratings agencies, the International Monetary Fund’s (IMF) assessments of the government’s economic policy stance and performance results are particularly closely watched. ..
The economic acceleration promised by Mexico’s President Andrés Manuel López Obrador has yet to take hold, with data released at the end of October by the central bank (Banxico) confirming that the economy has continued to stagnate...
Business
A German-based firm that organises trade fairs across the world, Deutsche Messe, held an event – ‘Industrial Transformation Mexico’ – in León, Guanajuato in mid-October...
Energy & Environment
Mexico’s ministry environment & natural resources ministry (Semarnat) on 1 October published the ‘preliminary bases of the emissions trading system (ETS)’s pilot programme’ in the official gazette (Diario Oficial de la Federacion)...
Security
On 12 October leaders of 27 peasant farmer communities in the state of Guerrero, representing some 30,000 opium poppy growers from the remote municipalities of Heliodoro Castillo and San Miguel Totolapan, condemned the government of President Andrés Manuel López Obrador of the leftist Movimiento Regeneración Nacional (Morena) party for failing to deliver on its promises to support them...
Since assuming office in December 2018, Mexico’s President Andrés Manuel López Obrador has repeatedly emphasised his government’s aims to address and improve the pressing issue of insecurity in the country...
Cybersecurity
An attack carried out by a group of hackers targeting the computer systems of Mexico’s state-owned oil firm, Pemex, has produced significant concern about cyber security in Mexico...
Crime & Corruption
Omar García Harfuch, the security minister in Mexico City (CDMX), has had to dismiss claims that narcotics that were confiscated in an operation carried out on 22 October had been stolen...
Economic Highlights
Bringing forward infrastructure tenders: On 23 October, Mexico’s economy minister Graciela Márquez Colín said that the Mexican government would bring forward infrastructure tenders planned for next year to reactivate the country’s economic growth...

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