Mexican lawmakers approve new pension fund backed by president
Mexico's Senate approved the creation of a new pension fund on Thursday aimed at boosting payouts to the lowest-earning recipients.
The creation of the fund, which is part of a pension reform proposed by outgoing President Andres Manuel Lopez Obrador, won the support of 70 senators, with 43 against and two abstentions, after a heated debate that went into the evening.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Andres Manuel Lopez Obrador
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