Old AMLO Ally Faces Fight to Re-Empower Mexico Finance Ministry [Financial Post (Toronto, Ontario, Canada)]
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Source: Financial Post
Article content Rogelio Ramirez de la O, who last week was nominated as Mexico's finance minister, will begin what is traditionally the country's most influential cabinet role with the goal of obtaining a level of independence his predecessors didn't enjoy under Lopez Obrador. Roger Waters rejects Mark Zuckerberg's offer of 'huge amount of money' to use Pink Floyd… An early test in the relationship between the president known as AMLO and his long-time adviser will focus on the budget: The new minister, who takes office next month, wants to speed up growth via additional debt-fueled public spending, according to people with knowledge of his thinking. That would be a significant shift for a president who has made austerity a pillar of his government. AMLO has stuck to his pledge not to take on new debt or give sizable economic stimulus even during the Covid pandemic, and Mexico ended 2020 as one of the few countries in the world with a primary surplus. Read More: AMLO Has a G
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