Sunday, 26 November 2017

Mexico finance minister to resign as presidency race looms: sources

Mexico finance minister to resign as presidency race looms: sources
Mexico's Finance Minister Jose Antonio Meade gives a speech during a meeting with members of the diplomatic corps in Mexico City
File Photo – Mexico’s Finance Minister Jose Antonio Meade gives a speech during a meeting with members of the diplomatic corps in Mexico City, Mexico November 22, 2017. REUTERS/Henry Romero

November 27, 2017

MEXICO CITY (Reuters) – Mexican finance minister Jose Antonio Meade will step down on Monday, two people familiar with the matter said on Sunday, as the ruling Institutional Revolutionary Party (PRI) gears up to pick its candidate for the 2018 presidential election.

One of the people, who spoke on condition of anonymity due to the sensitivity of the matter, said Meade would announce his intention to seek the presidency for the PRI when resigning.

The office of Mexican President Enrique Pena Nieto late on Sunday said it would hold an event at 10.00 a.m. local time on Monday, without specifying what it entailed. Several Mexican media said Meade would announce his resignation at 10.00 a.m.

(Reporting by Dave Graham; Editing by Frank Jack Daniel)

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source https://capitalisthq.com/mexico-finance-minister-to-resign-as-presidency-race-looms-sources/

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