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Political Risk / Mexico

Calderón's Hands Tied In Congress

October 2009 | Risk Summary

The extent of the shift in legislative power following Mexico's July mid-term elections has become clear as the composition of the country's powerful congressional committees is published. The resurgent opposition Partido Revolucionario Institucional (PRI) will, in conjunction with its allies the Partido Verde Ecologista de México (green party), have a majority in each of the 44 committees. With the PRI also having successfully negotiated 21 committee presidencies including the budget and finance committees, the ruling Partido Acción Nacional (PAN) of President Filipe Calderón finds itself a much depleted congressional force. This confirms our view that Calderón will have considerable difficulty

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