FACTBOX-Mexico's new president debuts with raft of proposals

MEXICO CITY Sun Dec 2, 2012 1:54am IST

MEXICO CITY Dec 1 (Reuters) - New Mexican President Enrique Pena Nieto proposed a series of economic, security and social measures as he took office on Saturday, aiming to reduce drug war violence and beef up growth in Latin America's second biggest economy.

Following are his main proposals, which come on top of his pledges to enact major fiscal and energy reforms:

* Propose a balanced budget for 2013, reducing the fiscal deficit to zero. Issue a decree requiring austerity measures and budgetary discipline in public spending.

* Increase competition in sectors like telecoms, and seek to include in the constitution the right to broadband access. He reiterated a plan that the government will also auction two new open television channels in the coming months.

* Accelerate infrastructure projects planned for 2012-2018, and include proposals to better connect Mexico's less-developed south with the rest of the world.

* Push ahead with building a series of passenger train lines between the capital and nearby cities of Queretaro and Toluca, as well as another around the Yucatan peninsula.

* Propose a bill to put finances of states and local governments in order.

* Create a national crime prevention program, which will be factored into the 2013 budget.

* Propose constitutional reform to streamline Mexico's 33 penal codes into one national code.

* Launch within 60 days a "national crusade against hunger" to guarantee families a minimum standard of living.

* Factor into the budget a pension for all Mexicans aged 65 and over as a step towards universal social security coverage.

* Introduce an education reform that ensures teachers are promoted based on ability and results. (Reporting by Mexico Newsroom; Editing by Doina Chiacu)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Coal Block Allocation

Coal Block Allocation

Government urges Supreme Court to not cancel some 'illegal' coal mines  Full Article 

Modi in Japan

Modi in Japan

Japan and India agree to boost strategic ties at summit  Full Article 

Basel III Norms

Basel III Norms

RBI amends Basel III guidelines for banks  Full Article 

HSBC PMI

HSBC PMI

Factory activity expands at slower clip in August.  Full Article 

Current Account

Current Account

Balance of payments surplus for third straight quarter  Full Article 

India Infrastructure

India Infrastructure

RBI rule handicaps India's infrastructure hopes  Full Article 

Book Talk

Book Talk

Reema Abbasi and a glimpse of Pakistan’s Hindu past  Full Article 

China Economy

China Economy

Retreat in China's PMIs heightens calls for policy easing.  Full Article 

Managing Share Sales

Managing Share Sales

Govt seeks bids from banks to manage PFC, REC share sales   Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage