GUEST ARTICLE
BUILDING A PROSPEROUS MEXICO ENRIQUE PEÑA NIETO President of Mexico
When my administration first started, we noticed that the
from the center and northern regions. Their objective is to
Mexican economy was growing at levels below its potential,
trigger new development hubs in regions that are lagging
with existing limits for productivity, investment and
behind economically. We are also promoting productivity,
innovation.
competitiveness and balanced regional development with the expansion and improvement of highways, railroads, ports
To overcome these challenges and guarantee improved living
and airport infrastructure.
conditions for the Mexican people, we identified the actions that we needed to take on four different fronts: implement
Due to the ensuing results from these efforts, we are sure
structural changes to eliminate legal and institutional barriers;
that we are going in the right direction. Our country is
consolidate the country’s macroeconomic stability; generate
transforming its economic structures, taking advantage of all
a new economic promotion policy; and promote a more
its capacities and fulfilling its true potential. Today, Mexico is
balanced regional development.
recognized as a strong, competitive and open nation. Mexican families are beginning to reap the benefits generated by
From the first moment, we bolstered measures to transform
the structural changes that have taken place and we see a
the quality of education that kids receive, to increase
prosperous future for them.
competition and to generate new investment opportunities. My administration also promoted changes that introduced
For all the positive changes that have taken place, further
a new legal framework that will provide prompt, timely,
positive results will follow in the coming months and years.
expedited and standardized justice across the country.
That is why it is utterly necessary to continue working to maintain the country’s macroeconomic stability, fully
Despite a complex international environment, the Mexican
implement structural changes and consolidate the country’s
economy is growing at rates above 2.1 percent, surpassing the
infrastructure projects. This will allow us to improve the
growth registered in the previous two administrations. Our
economy of Mexican families and generate an environment
country is attracting investments and generating employment
in which no one is left behind.
as never before. During the present administration, the country has received over US$156 billion in Foreign Direct Investment and for the first time in history, we are about to reach 3 million new formal jobs generated in a presidential administration. Mexico continues to break records in manufacturing and agricultural exports, while improving its position as a global tourist destination. According to the World Tourism Organization, in only three years Mexico went from 15th to eighth place in terms of international tourist arrivals. This improvement is the result of an integral strategy of diversifying destinations and increasing competitiveness, which has consolidated the sector as an engine for economic growth, employment and well-being for Mexican families.
TIMELINE OF REFORMS July 1, 2012 December 1, 2012
Peña Nieto is sworn in as Mexico’s 57th President
December 2, 2012
Pacto por México is signed by the President and the leaders of the country’s main political parties
February 25, 2013
The Education Reform is enacted
June 10, 2013 June 11, 2013 October 31, 2013 December 20, 2013 January 9, 2014
The Telecommunications and Broadcasting Reforms is proclaimed by the President The Economic Competition Reform is enacted The Tax Reform is approved The Energy Reform is proclaimed by the President The Financial Reform is enacted by the President
January 31, 2014
The Political Reform is proclaimed by the President
February 7, 2014
The Transparency Reform is enacted by the President
The Special Economic Zones were created to help reduce the inequality gaps that divide the southern part of the country
Enrique Peña Nieto wins Mexico’s Presidential Elections
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