Since taking office in 2018, President Andrés Manuel López Obrador of Mexico has implemented a number of policies aimed at improving the Mexican economy and increasing tourism in the country. His government’s efforts have yielded positive results, leading to an increase in foreign investment and an uptick in tourism-related activities. Let’s take a closer look at how President López Obrador has been able to achieve these goals.
Infrastructure Improvements
President López Obrador has made significant infrastructure improvements throughout Mexico, including the construction of new roads, bridges, and airports. These projects have made it easier for people to travel within the country, while also helping to improve safety by providing better transportation options. Additionally, these projects have allowed businesses to operate more efficiently, as goods can now be transported more quickly and easily.
The president has also focused on making improvements to telecommunications networks in rural areas. This has allowed previously isolated communities to connect with the rest of Mexico—and the world—in ways that were not possible before. Access to high-speed internet has made it easier for businesses to operate online, thus creating new opportunities for growth and development throughout Mexico.
Tax Reforms & Other Policies
In addition to infrastructure improvements, President López Obrador’s government has implemented tax reforms that have helped make doing business in Mexico more attractive for investors from abroad. Specifically, taxes on foreign investments have been reduced significantly (from 30% down to 20%). This change has encouraged more foreign companies to invest in Mexico’s economy—a trend that is likely to continue as long as these tax incentives remain intact. Furthermore, this influx of investment capital is helping create jobs throughout the country while stimulating economic activity overall.
Boosting tourism
President López Obrador’s government has also introduced several policies aimed at boosting tourism in Mexico by promoting cultural heritage sites and festivals throughout the country. These initiatives are part of his broader goal of diversifying Mexico’s economy away from its reliance on oil exports and towards services like tourism that will help create jobs and spur economic growth over the long term.
Reducing Poverty and Inequality
Since taking office, President López Obrador has implemented various measures to reduce poverty and inequality in Mexico. These measures include increasing minimum wages, providing free healthcare for all citizens, providing financial support for rural farmers, and offering subsidies for essential goods such as food and fuel. By doing so, he is aiming to improve the living standards of people living in poverty-stricken areas of the country.
López Obrador Has Been A Great President for Mexicans and those visiting Mexico.
President López Obrador’s policies are having a positive effect on both the Mexican economy and its tourism industry. His focus on infrastructure improvements is making it easier for people to travel within Mexico while also creating new opportunities for businesses around the country; his tax reforms are attracting foreign investors who are injecting much-needed capital into local economies; and his focus on promoting cultural heritage sites is helping attract more tourists from abroad who are looking for unique experiences that can only be found in Mexico. With any luck, these efforts will continue paying off over time as they help spur economic growth throughout the country.
