Ernesto Zedillo (Zedillo Ernesto)( President of Mexico.)
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Biography Ernesto Zedillo (Zedillo Ernesto)
Born December 27, 1951 in Mexico City. He graduated from the National Polytechnic Institute. In 1973-1974 was the scholar of Bradford University in England. He studied at Yale University.
In 1981, Zedillo was appointed deputy director of the Mexican Bank for Economic Research, in 1987 - Deputy Planning in the Government Secretariat for Planning and Budget. Carlos Salinas de Gortari, became president in 1988, Zedillo has appointed the Minister of Planning and Budget and the Minister of Education
. Zedillo attended the first in Mexico's presidential television debate, . speaking as a candidate of the Institutional Revolutionary Party (PRI) against CuauhtöLmoc Cö¦rdenas, . Representative of the Democratic Revolution Party (PRD), . and Diego Fernandez de Cevallos, . Representative of the National Action Party (MHP),
. In August 1994, was elected president, receiving 50,2% of votes.
In late 1994, Zedillo held a devaluation of the Mexican currency, after which the stock market collapsed and the country's economy entered a phase of depression. By the spring of 1996 Mexican debt exceeded $ 100 billion. dollars in annual payments of 29 billion. During the half year 1.5 million. Mexicans have lost their jobs, wages fell by 50%. Tens of thousands of ranchers, farmers and businessmen have gone bankrupt.
In April 1996, GPI entered into an alliance with opposition parties and continued its program of reforms. Zedillo and the PRI have been criticized in late 1997 and early 1998, after pro-government paramilitary troops have carried out a series of repressive actions in the region of Chiapas.