Mexico's Fiscal Reform: Reshaping the system
Mexico’s much-anticipated fiscal reform offers something for everyone, including a number of surprises
Announced on September 8, just a few hours after 50,000
protestors marched blocks away against the government's energy
reform plans, the Mexican president Enrique Peña Nieto
labeled the package a "social reform".
With the latest proposals, Peña Nieto aims to quell
opposition to his reform agenda while keeping the left-wing PRD
party on board for the Pact for Mexico, the agreement between
Mexico's three main parties that paves the way for a range of
In a nod to the left - and a historic first for Mexico - the
measures will create a social safety net: universal social
security for workers in the formal sector, unemployment
insurance and a pension of $80 per month for...
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