Feb 16, 2013

Analysis: Honeymoon wears off for Mexico president's reform push

By Simon Gardner and Anahi Rama
MEXICO CITY,  Fri Feb 15, 2013

A political pact forged with rivals and a couple of key laws already under his belt, Mexico's new President Enrique Pena Nieto got off to a strong start, but he faces hurdles to push through deep economic reforms.

Armed with a wide-reaching agenda, the 46-year-old former state governor wants to overhaul Mexico's tax system, state oil monopoly Pemex, a telecoms sector dominated by the world's richest man, Carlos Slim, and competition regulations in a bid to modernize the economy and boost growth to 6 percent a year.

Despite lacking an outright majority in Congress, Pena Nieto managed to push the 2013 budget barely a week after taking office on December 1 and passed a landmark education bill after sealing a broad accord dubbed the "Pact for Mexico" with leftist and conservative opponents.

But his plans may be starting to slip.

"Some were far too quick to voice optimism during the typical honeymoon of a new government," said Gabriela Cuevas, a senator for the opposition conservative National Action Party (PAN). "It's not that simple."  Read more. 

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