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Mexico - August 2020

Introduction
The August issue of the Latin American Regional Report: Mexico contains articles on foreign policy developments, the ongoing efforts to punish corruption, the performance of the domestic economy, and pension reform efforts...
Foreign Relations
Mexico’s President Andrés Manuel López Obrador has conducted a much-anticipated official visit to the US, where he met his counterpart, Donald Trump...
It is often said that Mexico’s President Andrés Manuel López Obrador is not interested in foreign policy...
Security
The Mexican government has secured the extradition of a key figure implicated in some of the major investigations into corruption by the previous administration led by Enrique Peña Nieto (2012-2018)...
Economy
Mexico’s national statistics institute (Inegi) published its latest preliminary GDP estimates on 30 July...
Economy & Politics
Mexico’s President Andrés Manuel López Obrador presented new proposals for reforming the national pension system on 22 July...
Poverty
Mexico’s national council for the evaluation of social development policies (Coneval) on 27 July released its latest quarterly report on income poverty trends...
Economic Highlights
Interest rate cut: On 25 June the governing committee of Mexico’s central bank (Banxico) announced its unanimous decision to cut the benchmark interest rate by 50 basis points to 5%, in a further effort to address the economic fallout of the coronavirus (Covid-19) pandemic...

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