How the Budget Numbers Stack Up

MEXICO - Report 01 Oct 2013 by Mauricio Gonzalez, Guillermo Valdes, Esteban Manteca and Ernesto Cervera
Executive SummaryA series of legally binding budget deadlines, legislative calendars and partisan political calculations pose the possibility of a congressional train wreck if the administration of President Enrique Peña Nieto and the leaders of the main political parties fail to find common ground on a series of key reform issues no later than late October. The prospect of such a bottleneck means we are likely to hear a great deal about political reform in the coming weeks.The PAN has made it increasingly clear that it will not vote on energy reform until Congress approves a political refo...

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