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MAR 02, 2013 - Yahoo! News

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Mexico's ruling party opens door to tax, energy changes

MEXICO CITY (Reuters) - Mexico's ruling Institutional Revolutionary Party on Saturday paved the way for possible tax hikes and an overhaul of state oil giant Pemex as it seeks to spur growth in Latin America's second-biggest economy. PRI delegates from across Mexico voted to change the party's platform during a congress in Mexico City, lifting a ban on imposing value-added tax (VAT) on food and medicines and giving it scope to open up Pemex to more private capital. ...

Tags: Mexico's ruling party opens door to tax, energy changes,  Congress Latest News