A reform push in Mexico that many have termed historic could get epic this fall. That’s when President Enrique Peña Nieto will introduce plans to reform the oil and gas sector and overhaul the country’s tax system.
There’s a broad consensus among economists that Mexico’s growth and long-term vitality rely on the passage of these plans, interlinked because oil revenues comprise about one-third of the federal budget.
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Garza, a former U.S. ambassador to Mexico, is counsel in the Mexico City office of White & Case and chairman of Vianovo Ventures.tonygarza.com and on Twitter, @aogarza