PRI Approves Bylaw Changes on Taxes, Universal Reports

Leaders of Mexico’s ruling Institutional Revolutionary Party approved changes to its bylaws that would allow for taxes on food and medicine, according to El Universal newspaper.

The daily said that changes were agreed to by members of President Enrique Pena Nieto’s party to an internal document called the Action Program, removing language that prevented the PRI from considering a value-added tax on those goods.

Tax and energy reforms are “practically approved” by the party, Cesar Camacho, national head of the PRI, is quoted as saying in the article.

(Corrects headline to say PRI.)
Before it's here, it's on the Bloomberg Terminal.