Voices of Mexico no. 28

Our Voice

One of the world's most widespread problems today concerns the economy. In Mexico, the Gross Domestic Product for last year was low, while the GDP for this year will be lower than expected and less than the rate of population growth.
In addition, wealth has been concentrated in the hands of a few, while the majority of the poor have experienced a considerable drop in living standards. Forty per cent of the population lives in poverty, of whom 14 million live in extreme poverty. This poses an enormous challenge to the government and Mexican society as a whole.
The Banco de México, a highly prestigious institution, publishes an annual report on the Mexican economy. In this issue we present a summary of the 1993 report, including the government's main achievements as well as negative aspects still to be solved.