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Official Labor Organizations Criticize President Ernesto Zedillo's Economic Policies

LADB Article ID: 53916
Category/Department: Mexico
Date: 2000-04-26
By: LADB Staff

Cracks are appearing in the previously tight relationship between Mexico's official labor organizations and the governing Partido Revolucionario Institucional (PRI) ahead of the crucial presidential and congressional elections in July of this year. The Congreso del Trabajo (CT) and the Confederacion de Trabajadores de Mexico (CTM), which have traditionally overwhelmingly supported the PRI, are beginning to more openly express their dissatisfaction with the economic policies of recent PRI administrations, particularly the government of President Ernesto Zedillo. Report says administration favors investors over workers In early April, the CT published a report sharply critical of Zedillo's economic policies, particularly the administration's emphasis on targeting single-digit inflation while ignoring the well-being of the working class. The CT disputed the president's argument that low inflation helps workers by limiting increases in the prices of basic goods. "This policy [of single-digit inflation] only addresses the interests of foreign investors," said the report. The CTM, for its part, is recommending that the administration implement policies to halt the deterioration in workers' purchasing power.

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