Mexico's Pro-Business Candidate Wants to Double Minimum Wage
- Position may steal thunder from leftist front-runner Amlo
- Mexico has one of the lowest minimum wages in Latin America
Ricardo Anaya
Photographer: Alejandro Cegarra/BloombergThis article is for subscribers only.
Presidential candidate Ricardo Anaya is pledging to more than double Mexico’s minimum wage as he looks to extend a rally in his support that’s put him within striking distance of the leftist front-runner in this year’s election.
Hailing from the business-friendly National Action Party, Anaya appears willing to defy his conservative supporters to raise one of Latin America’s lowest minimum wages. Anaya is even willing to make Mexico one of the first countries to introduce a universal basic income, said Salomon Chertorivski, his economic adviser and platform coordinator.