AMLO Appears An Early Favourite To Win Recall Vote In March 2022

• In the coming weeks, Mexico’s Congress is likely to pass the necessary legislation to hold a recall referendum in March 2022, in which voters will decide if President Andrés Manuel López Obrador (AMLO) should serve the rest of his term through September 2024. 
• Fitch Solutions believes that AMLO is a favourite to win the vote, based on available polling and background conditions such as a recovering economy and growing COVID-19 vaccinations. 
• However, if AMLO does lose the vote, the country would likely face a prolonged period of uncertainty and gridlock as all parties wait for the July 2024 general elections.

(Source: Fitch Solutions)