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Mexico - November 2020

Introduction
The November Latin American Regional Report: Mexico looks at the latest actions taken by the government that have weakened the business environment in the country and raised concerns about the indiscriminate use of public funds...
Economy & Politics
Mexico’s energy regulatory commission (CRE) announced on 13 October that its board would centralise the issuing of permits...
Economy & Security
Combating tax evasion is a declared priority for the Mexican government led by President Andrés Manuel López Obrador...
Economy & Business
Mexico’s Finance Minister, Arturo Herrera, has criticised commercial banks that operate in the country for failing to increase the provision of credit to the population...
Public Finance
Mexico’s federal congress has approved a legislative initiative tabled by the executive led by President Andrés Manuel López Obrador that eliminates 109 of the country’s 338 public trust funds and gives the federal government complete control over the cash held in these funds...
Security & Environment
p> Securing access to water resources has historically been a source of tension between communities and even countries...
Security
Concerns that Mexico may soon be facing a syndemic - the aggregation of two or more concurrent epidemics that can interact with each other to worsen the public health scenario - have risen considerably following the confirmation of the first cases of patients infected with coronavirus (Covid-19) and other viral diseases...
Economic Highlights
Primary fiscal surplus: On 30 September Mexico’s finance ministry (SHCP) published public finance and debt figures for the January-August period, which indicate a primary fiscal surplus of M$155.3bn (US$7.1bn)...

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