Structural Reforms Designed to Bring Mexico Up to Date

Mexican President Enrique Peña Nieto declared in a September 16th speech that most Mexicans are in favor of moving Mexico towards better conditions, and said that structural reforms are designed to, “Break away from old patterns, with outdated practices and forms that are no longer useful, are obsolete and curb the development Mexico should have.”
As he delivered two highways that provide support for and impact the economic development of this region, President Peña Nieto stressed the need, “To ensure that Mexico takes advantage of its status and potential, and that it impacts and improves the living conditions of all Mexicans.”
He noted that his government has launched several reforms, such as the Education, Telecommunications, Economic Competition, the Energy, and Tax reforms.
He mentioned that the country has already implemented,
“The educational model that enabled basic level education to be provided throughout virtually the whole country, but now we are concerned with and we must address what will provide the best elements for the population and the children and youth of our country: quality education.
That is what is being proposed, and that is the scope of the education reform we have promoted.”
On the subject of the Telecommunications and Economic Competition reforms, the president declares that he aims for Mexicans, “To be able to have greater range of services and for there to be more competition so that people can choose from various services that compete in quality and price, and be able to eliminate monopolistic practices.”
Regarding the Energy Reform, the President said that it has made it clear that oil wealth is and will continue to belong to Mexicans and that the state will maintain the stewardship and ownership of hydrocarbons, oil and wealth in the country’s subsoil.
He noted that unless energy security is achieved in Mexico, “What will happen is that rather than settling in our country, new investments and new companies will be located where energy is cheaper.”
“We are the only country in the world with such a restricted, closed legislation that it has not enabled private investment to help the Mexican government exploit its resources without thereby losing ownership of the same,” he explained.
He declared that the Tax Reform proposed acknowledges that the tax system must be fair, “In other words, those who earn most should pay most and there should be more benefits for those with least.”
Moreover, he continued, one of the variables of the Tax Reform, “Is the creation of a Universal Social Security system,” with which, if the proposal is approved, “All Mexicans will have this benefit, this right which we wish to be enshrined in our Constitution.”
The president endorsed the government’s commitment, “To continue to push for major reforms that will allow us to address the five major national goals my Government has set: an inclusive Mexico, a Mexico with quality education for all, a Mexico of peace and security and a prosperous Mexico, and for this Mexico to be projected onto the world with the strength, pride and vitality that is at the heart of every Mexican.”
He explained that one of the works delivered today,
“Was begun five years ago, providing a clear testimony that this government has not canceled any projects designed in the past that we consider will have a significant benefit for the population.”
“We are a government that acts responsibly and lends continuity to those projects that undoubtedly have a high impact and benefits, and were begun in the past,” he said.
He recalled that this year, the government has assigned nearly 90 billion pesos for the modernization, expansion, improvement and new construction of Mexico’s network infrastructure, not only in highways but in the railway network and ports.
He added that this investment, and infrastructure works in ports, roads and rail networks, “Will undoubtedly enable Mexico to become a high-value world logistics hub, because our geographical location gives us that possibility.”