Mexico’s finance minister quits abruptly, sending peso tumbling

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Mexico's finance secretary abruptly resigned Tuesday over disagreements with the left-wing government of President Andres Manuel Lopez Obrador.

It also highlighted what some analysts view as a growing schism within Lopez Obrador’s administration between fiscal conservatives and those who believe major economic changes are needed to achieve the social development the president has promised., Urzua complained that Lopez Obrador and his team had appointed officials to his secretariat “who don’t have any knowledge of public finance” and who have advocated for policy decisions based on political ideology rather than sound economics.

Mexican President Andres Manuel Lopez Obrador, left, is shown with his new finance secretary, Arturo Herrera Gutierrez, at the National Palace in Mexico City on July 9, 2019. Gustavo de Hoyos Walther, president of the Employers’ Confederation of the Mexican Republic, wrote on Twitter that his organization was concerned by “the denunciations of extremist visions and decisions without sustenance” in the finance secretariat.

 

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Another gold star for liberals lol Mexico may soon become the next Venezuela

they want new pesos imprinted, old were too old, they want silver and some gold onto the coins, and paper with gold strings, that would have been a task

Mexico’s corrupt old guard can’t handle change.

80% of the officials working for the Mexican president are not qualified for the job. This minister just couldn't take the bullshit & stupidity anymore of this stupid government.

He probably should have resigned earlier over the 34,000 murders within Mexico last year:

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