In his final state of the union address Monday, outgoing President Enrique Pena Nieto blamed surging violent crime in Mexico on the inability of state and local police to handle the smaller gangs that emerged following the capture of cartel leaders.
Pena Nieto, who leaves office with historically low approval ratings, sidestepped blame for poor economic growth and rising debt during his six-year term, and he warned Mexicans not to turn to a foreign policy of "indifference."
Government debt, meanwhile, rose from about 33.8 of GDP in 2012 to an estimate of 45.4 percent of GDP by mid-2018. Pena Nieto claimed he was leaving "a manageable and declining level of debt."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app