Horizontes: LatAm Business Leadership Insights

What to Make of Mexico's Plan C: A Conversation with Roberto Salinas of Mexico Business Forum & Arthur Deakin of AMI

July 01, 2024 Americas Market Intelligence
What to Make of Mexico's Plan C: A Conversation with Roberto Salinas of Mexico Business Forum & Arthur Deakin of AMI
Horizontes: LatAm Business Leadership Insights
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Horizontes: LatAm Business Leadership Insights
What to Make of Mexico's Plan C: A Conversation with Roberto Salinas of Mexico Business Forum & Arthur Deakin of AMI
Jul 01, 2024
Americas Market Intelligence

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The election of Claudia Sheinbaum delivered several surprises.  One of the less welcome surprises from the investor's point of view was the creation of a super majority in the Chamber of Deputies and 2 seats shy of a super majority in the Senate, in addition to control of 75% of Mexico’s governorships. During the month of September, when these newly elected officials take office, AMLO will still be in power and able to exercise his plan C — a radical overhaul of the constitution.  That has many people concerned.  

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The election of Claudia Sheinbaum delivered several surprises.  One of the less welcome surprises from the investor's point of view was the creation of a super majority in the Chamber of Deputies and 2 seats shy of a super majority in the Senate, in addition to control of 75% of Mexico’s governorships. During the month of September, when these newly elected officials take office, AMLO will still be in power and able to exercise his plan C — a radical overhaul of the constitution.  That has many people concerned.