Tag Archives: price control

AMLO Blames Private Businesses for Price Increases

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By MARK LORENZANA President Andrés Manuel López Obrador (AMLO) on Wednesday, Sept. 7,  accused businessmen in Mexico of increasing their profits especially in times of crisis, claiming that the Mexican Treasury will now ask them for an explanation. In his Wednesday morning press conference, López Obrador said that private businesses should instead help control price increases. He specifically mentioned the

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AMLO Announces New Package Against Inflation and Famine

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By KELIN DILLON In a collaborative move between Mexico’s federal government and its private sector, President Andrés Manuel López Obrador (AMLO) announced a new price control initiative – the Package Against Inflation and Famine (PACIC) – to the public during his daily morning press conference on Wednesday, April 4. Th package establishes cost protection for 24 “basic basket” supermarket items,

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