Speaking at the lower house of Congress after taking the oath of office for a six-year term on Saturday, AMLO, as the leftist is known, said the oil market opening engineered by Enrique Pena Nieto had failed to attract significant foreign and private investment. “Neoliberal economic policies have been a disaster,” Lopez Obrador said. The 65-year-old former mayor of Mexico City frequently uses the term neoliberal to describe policies that he sees as favoring markets and investors over the best interests of Mexico’s roughly 131 million people.
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