Meade to Seek Ruling Party Nod in Mexicos 2018 Presidential Race

Source: Bloomberg

Jose Antonio Meade threw his hat in the ring to become the presidential candidate of Mexico’s ruling party in the July 2018 election, hours after resigning his post as finance minister.

Meade’s resignation announced earlier Monday by President Enrique Pena Nieto ends months of speculation that he would step down from the cabinet in order to seek the nomination of the president’s Institutional Revolutionary Party. The president also said that Jose Antonio Gonzalez Anaya will step down as CEO of Petroleos Mexicanos become finance minister.

“I do this with deep conviction and emotion, my only wish is to serve my country,” Meade said at an event in Mexico City Monday afternoon.

Meade, a 48-year-old economist with a doctorate from Yale University, was in his second turn as finance minister. He served in four cabinet posts for presidents from rival parties, including a year as social development minister, where he was the public face of Pena Nieto’s efforts to combat poverty in the nation’s poorer south. Meade has not been tainted by corruption scandals that have plagued the upper echelons of Mexico’s government. That has led some to tout him as the scandal-plagued PRI’s best option for the 2018 presidential race.

Read more: https://www.bloomberg.com/news/articles/2017-11-27/meade-to-seek-mexico-ruling-party-nod-in-2018-presidential-race