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AMLO-There Will Be 'Significant Increase' In Minimum Wage

MEXICO

Following his announcement on the deal reached between the gov't and food producers on limiting price rises, wires carrying comments from President Andres Manuel Lopez Obrador stating that there will be a 'significant increase' in the minimum wage.

  • Would be something of a reversal for a president who came to office as a left-wing populist but has governed in a manner of an 'austerity' politician, with John Authers at Bloomberg writing AMLO "regards tight spending as virtuous"
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Following his announcement on the deal reached between the gov't and food producers on limiting price rises, wires carrying comments from President Andres Manuel Lopez Obrador stating that there will be a 'significant increase' in the minimum wage.

  • Would be something of a reversal for a president who came to office as a left-wing populist but has governed in a manner of an 'austerity' politician, with John Authers at Bloomberg writing AMLO "regards tight spending as virtuous"