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senate of mexico

Mexican Senate approves pension fund reform

The government of Andrés Manuel López Obrador has promoted a reform of the pension system that was approved by the Senate on Thursday, April 25. According to the reform called “Pension Fund for Wellbeing,” AMLO seeks to “improve the retirements of thousands of people.” The Upper House approved a…

Banxico in disagreement with the foreign exchange law

The Bank of Mexico (Banxico) criticized the new law on currencies approved yesterday by the Senate of the North American country, by which it is proposed that only foreign notes and coins may be part of the international reserves, while…