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Latin Times

Politics

Sana Khan

Mexico's President Aims To Boost Lower Pensions Ahead Of Elections

Mexico Andres Manuel Lopez Obrador Andrés Manuel López Obrador

Mexican Presidente Andrés Manuel López Obrador. (Credit: AFP)

Mexican President Andres Manuel Lopez Obrador said Tuesday that he will be presenting a new fund, hoping to increase pensions from May 1 onward, ahead of upcoming presidential elections.

This fund creation is part of a pension reform proposed by the president in February and approved by the country's lower house on Monday. However, the reform is yet to get passed by the Senate.

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