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 News Around the Republic of Mexico | January 2006 
2006, A Complex Year for Mexico
 Prensa Latina
| | The PRI controlled Mexico´s polical life during 70 years last century, till it was ousted from office in 2000 by the National Action Party (PAN) and its candidate, the now President Vicente Fox. |
Mexico has begun a year that points to be a complex one on the political field with one of the most disputed electoral campaigns, while very discouraging economic predictions are raising people´s concerns.
The forthcoming July 2 general elections will undoubtedly draw national attention due to the impact that the polling will have in Mexico for the next six years.
The election campaign will formally begin on January 19 and according to polls, the candidate from the opposition Democratic Revolution Party (PRD), Andrés Manuel López Obrador, will start from a leading position.
However, the PRD´s structural bases in Mexico´s northern and western regions are weak, thus affecting the chances of an electoral victory for the country´s third political force.
The Institutional Revolutionary party (PRI) currently has the most well-structured election machine in Mexico, however, its candidate, Roberto Madrazo, is even being questioned inside his own party.
The PRI controlled Mexico´s polical life during 70 years last century, till it was ousted from office in 2000 by the National Action Party (PAN) and its candidate, the now President Vicente Fox.
The candidate of PAN, the country´s second largest political party, is rightwing politician Felipe Calderón. This party´s choice for president must deal with the burden of six years of Fox´s deteriorated administration, which has been characterized by a bunch of unfulfilled promises, according to his opponents.
On the economic front, indicators showed a modest growth raging from 2.5 to 2.7, lower than those reported in 2004 and 2005, and not even remotely close to the seven percent promised by Fox.
Analysts maintain that the re-evaluation cycle of the Mexican currency in the last few months has come to an end and are predicting a 10 percent devaluation against the US dollar.
Polls are showing that high level unemployment, economic woes, poverty and low wages are the main concerns of the Mexican people.
The increase, started January 1st of the electricity and domestic gas bills are also bad news for Mexicans. |
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