Mexico’s next leader faces gaping budget hole

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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Soon after Mexico’s new leader puts on the presidential sash in October, she — for it will probably be a woman — will have to contend with one all-encompassing issue: how to pay for her plans.

The two leading candidates, former climate scientist Claudia Sheinbaum and self-made businesswoman Xóchitl Gálvez, have…