Mexico

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LANGUAGE: Spanish is the official language and is spoken throughout the country. However, there are as many as 62 dialects, the most widely spoken being Nahuatl, Maya and Mixteco. Though English is spoken in many places, especially among government officials and high-ranking executives, it is...

 

The year 2013 was one of legal reforms in Mexico. It was possible to enact key changes thanks to the willingness of the main political forces in the country to agree to them, as expressed in the Mexico Pact (“Pacto por México”). Since President Enrique Peña Nieto took office in 2012, his government has put in place structural...

Structural reforms were the major legal event in Mexico in 2013, affecting three main areas: increasing competitiveness, strengthening the institutional system and expanding social rights.

 

On October 31, 2013, the Mexican Congress approved a number of tax amendments for the 2014 period, which went into effect on January 1, 2014. As a result of the different measures approved, the federal government expects to receive revenue of around MXN4.4trn ($341.9bn), which is 12.82% above the 2013 revenue budget.

 

What is your view on the future of the economy?

 

Despite education spending in line with OECD standards, the quality of Mexico’s school system has lagged significantly behind the organisation’s other members. A powerful teachers’ union has traditionally stood in the way of efforts to reform the sector. Having made considerable advances in extending coverage, particularly at the basic...

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