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Mexico - April 2022

Introduction
Record numbers of foreign migrants travelled to Mexico to settle or make the journey north last year.... Read More
Violence
Mexico is in the midst of a migration crisis.... Read More
Education
The cancellation of an educational programme that benefited underprivileged students in Mexico has caused uproar among children’s rights groups, educational organisations and the political opposition.... Read More
Drugs
The latest annual report by the United Nations (UN) International Narcotics Control Board (INCB), published on 10 March, noted that “cyberspace and cryptocurrencies” were emerging as the “new frontier” for drug trafficking organisations (DTOs) and other criminal groups.... Read More
Politics & Economy
President Andrés Manuel López Obrador inaugurated the new Felipe Ángeles international airport (AIFA), located 50km north of Mexico City (CDMX), on 21 March.... Read More
Finance
Concerns over the autonomy of Mexico’s central bank, Banco de México (Banxico), grew markedly on 24 March, when President Andrés Manuel López Obrador announced that the bank had decided to increase interest rates from 6% to 6.5%.... Read More
Economy
Following Russia’s invasion of Ukraine on 24 February, President Andrés Manuel López Obrador declared that Mexico would not feel the effects of the rising energy prices that the war had caused elsewhere.... Read More
Cryptocurrency
During Mexico’s 85th annual banking convention, which kicked off in Acapulco city (Guerrero State) on 24 March, Finance Minister Rogelio Ramírez de la O confirmed that the country’s financial authorities were working on the development of a Central Bank Digital Currency (CBDC), which was first disclosed by Banxico’s deputy governor, Jonathan Heath, at the end of 2021.... Read More
Economic highlights
MEXICO | Inflation continues to rise.... Read More

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