Calderon: Mexico's Economy 'In a Phase of Growth'

Monday, 03 September 2012 11:36 AM

MEXICO CITY — Mexican president Felipe Calderon says he has improved the rule of the law and armored the economy in his six years in office.

Calderon says his administration has made the largest security investment in Mexico's history, purging and growing the federal police and reforming laws to better coordinate security operations.

Calderon was delivering his final state-of-the-nation speech on Monday, trying to cement his legacy as the president who stabilized the economy and took on the country's entrenched organized crime groups, putting Mexico on the road to rule of law.

In his report to Congress, Calderon said the economy is "in a phase of growth" thanks to responsible public finances.

He also said foreign direct investment totaled $126 billion during his administration, reflecting "growing dynamism and competitiveness of our economy."

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Monday, 03 September 2012 11:36 AM
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