Mexico’s president-elect promise to push forward with constitutional and judicial reforms.

0

Mexico’s president-elect pushes judicial reform past market fearsMexico’s president-elect has promised to push forward with constitutional and judicial reforms.

Claudia Sheinbaum, the country’s first female president, promised wide consultations on the reforms, signalling her determination to proceed despite concerns that have produced market volatility and hit the peso hard.

In her first news conference since being elected on June 2, Sheinbaum left a meeting with outgoing president and close ally Andres Manuel Lopez Obrador to tell reporters that she remains steadfast on her promise of a constitutional overhaul.

Some lower courts will also be affected and key regulatory agencies could be eliminated. Critics have warned that the reforms would fundamentally alter the balance of power in Mexico.

During her news conference, however, Sheinbaum promised wide consultation with stakeholders within the judicial system.

The president-elect’s coalition has secured the two-thirds supermajority in the lower house required to pass the reforms. It fell just short in the Senate but could earn extra votes through negotiations.

Leave A Reply

Your email address will not be published.