Tag Archives: budget

No Republican Austerity for Mexico’s Political Parties

  By RICARDO CASTILLO There are two facts of life about Mexican democracy: One, it is run and operated by an autonomous organization, the National Electoral Institute (INE), and two, it is one of the most expensive government-subsidized democracies in the world. At this time of year, it is relevant to take the above-mentioned facts into consideration because at the

Read more

AMLO’s Republican Austerity Shakes Down the Press

By RICARDO CASTILLO     How the press views the Mexican presidency has definitely changed in more than few ways since Andrés Manuel López Obrador (AMLO) was sworn into office last December. To begin with, AMLO established from the very beginning of his term his Monday-through-Friday press conferences, which start at 7 a.m. and end when they’re over, ranging in length from

Read more

AMLO’s Budget in a Nutshell

By THÉRÈSE MARGOLIS     On Saturday, Dec. 15, newly instated Mexican President Andrés Manuel López Obrador (AMLO) presented his 2019 budget to the Mexican Congress via his Finance Secretary Carlos Urzúa. The budget plan, which allocates more funding for social programs and infrastructure and less for government payrolls (including his own salary), is expected to be approved easily by the pro-AMLO

Read more

Allocating for the Nonexistent

By THÉRÈSE MARGOLIS     Although it seems that most national and international financial analysts who have reviewed newly instated Mexican President Andrés Manuel López Obrador’s (AMLO) 2019 national budget have deemed it as “credible” and “helpful for investors’ sentiments,” there are at least some incongruences in the proposed financial plan. The budget, which was presented to Congress by Mexican Finance Secretary

Read more
Recent Entries »