Middle Class Incomes Stagnate

MEXICO - Report 23 Jul 2013 by Mauricio Gonzalez, Ernesto Cervera and Carlos Noriega
Executive Summary At the beginning of the week President Enrique Peña Nieto announced his Investment Program for Transportation and Telecommunications Infrastructure for 2013 to 2018. During the presentation, the President said his administration intends to spend roughly 4 trillion pesos on such projects over the six-year period, although it was not clear just how much of that money would be coming from government coffers. The most important projects that were listed included the construction of, or improvements to seven seaports, seven airports, four railroad lines used to move freight and...

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