Peña Nieto’s Approval Rating Falls 10 Points in 3 Months (In Spanish)

July 12, 2013

peña-nietoAnimal Político, 7/11/2013

En sólo tres meses, la aprobación a la gestión del presidente Enrique Peña Nieto tuvo una “caída considerable” al pasar de 55% al 45%. Además, una tercera parte de los mexicanos estaría dispuesto a participar en protestas por las condiciones económicas, de seguridad y por la corrupción que prevalece en el país. Los anteriores son algunos de los hallazgos del estudio México: Política, Sociedad y Cambio, hecho por la casa encuestadora GEA-ISA.

El estudio, que se centra en crecimiento económico, desigualdad social, democracia y gobierno efectivo, y estado de derecho, también arroja que la población no identifica claramente cuáles son los elementos de la política gubernamental. Para GEA-ISA, las causas del descenso en la popularidad de Peña Nieto son, en primera lugar, el deterioro en la percepción de la situación económica y que, salvo la detención de Elba Esther Gordillo, la población no percibe logros importantes en la gestión presidencia.

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Mexico upgrade could only come after reforms approved, reviewed: S&P

May 24, 2013

increase bar chartReuters, 5/23/2013

Standard & Poor’s could decide to boost Mexico’s debt rating only if the government approves a raft of ambitious reforms and the measures are effective, credit analyst Joydeep Mukherji said on Thursday. Mexico’s major parties signed a pact last year to push long-sought measures through the country’s divided Congress, including reforms to boost the country’s paltry tax take and raise production at ailing state-owned oil monopoly Pemex PEMX.UL.

Earlier this month, Fitch Ratings upgraded Mexico’s sovereign foreign currency credit rating by one notch to BBB-plus, pointing to the country’s solid economic foundations and welcome progress on reforms. But S&P’s Mukherji said his agency would only consider an upgrade after the reforms were approved and could be evaluated for their impact.

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Ortiz Says Mexico Needs Changes to Avoid Lower Rating

June 2, 2009

Bloomberg, 6/2/2009

Guillermo Ortiz

Guillermo Ortiz

Mexico’s central bank Governor Guillermo Ortiz said the country must approve laws to improve tax collection and make the labor market less rigid to avoid having its credit rating reduced.

Politicians need to reach a consensus after July 5 elections in the lower house of Congress to boost an economy that had “mediocre” growth in good times and contracted the most in Latin America during crisis times, Ortiz said during a conference in Monterrey today.

The threat of a lowering of the sovereign debt rating is real,” Ortiz said. “We have to avoid that at all cost.”

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Mexico rating under pressure, S&P signals downgrade

May 12, 2009

Reuters, 5/12/2009

Pressure over Mexico’s sovereign ratings increased on Monday as Standard & Poor’s signaled a possible downgrade later this year and a Moody’s analyst said his agency could also act soon if the country is unable to contain growing fiscal problems.

S&P revised to negative from stable the outlook on Mexico’s BBB-plus sovereign credit ratings. The agency warned it may downgrade them this year if the government fails to reduce its heavy reliance on oil revenues, which have been declining fast as a result of a global recession.

In an interview with Reuters, S&P analyst Lisa Schineller said the Mexican administration has signaled its intent to add some “fiscal enhancing measures” to the country’s 2010 budget.

“But it is not clear how deep those measures will be, how permanent they will be and also not clear how the political appetite will be” for approving the measures, she said.

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