Category Archives: Pact for Mexico

Pacto por Mexico – Energy Reform Update

It has taken a bit longer than expected for the secondary legislation of the Energy Reform to make it through the Congress. On Wednesday, the Senate published the changes made to the secondary legislation in committee, all of which can … Continue reading

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Energy Reform Update

As discussed in the last post, Pres. Peña (EPN) introduced draft implementing legislation for the Energy Reform at the end of April. Below is a brief update on the legislature’s review of the implementing legislation. On June 4, the working sessions … Continue reading

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Energy Reform – Secondary Legislation Introduced

On Wednesday, April 30, President Peña (EPN) submitted to the Chamber of Deputies draft secondary legislation package implementing the far-reaching energy reform proposed under the Pacto por Mexico. Although the reform was ‘passed’ by the legislature in December of last … Continue reading

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Mexico’s New Anticorruption Initiative – Facelift or Reconstructive Surgery?

In a previous post, we asked how Mexico should approach the urgent need to reduce the level of corruption in the country. Indeed, anticorruption measures are one of the key reform promises of the government’s Pacto por Mexico. Mexico’s problem … Continue reading

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EPN Announces Tax Reform

On September 9, Mexican President Enrique Peña Nieto (“EPN”) released his proposed tax reform, which is aimed at fulfilling promises 69-73 of the Pacto por Mexico. Those promises are: 69: increase efficiency of tax collection 70: strengthening of federalism 71: … Continue reading

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Energy Reform Proposals – the Pact for Mexico Gets Serious

As previously discussed, the Mexican government’s reform agenda – the Pact for Mexico – has pursued a ‘staged’ approach to fulfilling the 95 promises on which the three major political parties agreed after last year’s presidential election. Thus, the first reforms addressed … Continue reading

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How Should Mexico Fight Corruption?

One of the major areas targeted for reform in the Mexican government’s Pact for Mexico is “Transparency, Accountability, and the Fight Against Corruption” (section 4 of the Pact). The reforms in this area foresee the following: greater accountability of government … Continue reading

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Inside the Mexican Government’s Pact for Mexico

Following the election of President Enrique Peña Nieto in July 2012, Mexico’s three major political parties began holding joint discussions on the trajectory of reforms that Peña planned to undertake during his administration. The final product of the three-party meetings … Continue reading

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Financial Reform – Details

Below is a translation of the Pact for Mexico website’s detailed overview of the recently-submitted Financial Reform package. In order to increase the availability of credit and make credit more affordable, a Financial Reform is proposed with respect to commitments … Continue reading

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Peña Sends Financial Reform Bill to Congress

The financial reform initiative, which will be presented today by President Enrique Pena Nieto in the Chapultepec Castle, is aimed at increasing available credit and making it cheaper to borrow, thereby fulfilling commitments 62 and 63 of the Pact for … Continue reading

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