Mexico’s finance minister, Carlos Urzua,
resigned yesterday (El Universal) in a surprise move seen as a blow to President Andres Manuel Lopez Obrador’s government. Urzua accused the administration of implementing policies without sufficient evidence and having conflicts of interest in appointing ministry officials.
Urzua was seen as an economically prudent figure in a seven-month-old administration that promised a dramatic departure from how the country was previously managed. He
had disagreed (WSJ) with several of Lopez Obrador’s decisions, including funding a new refinery at the state-owned energy firm Pemex and canceling construction of a partially built airport. The resignation came as Mexico has struggled to revive
a sluggish economy (WaPo). Lopez Obrador appointed Urzua’s deputy, Arturo Herrera, as his replacement.