Bank of Mexico chief pans welfare programmes

Guillermo Ortiz, governor of the Bank of Mexico, called for a reform of the country's labour laws and said that welfare programmes encouraged the poor not to take regular jobs.

The central bank chief said at a World Bank conference that poorer Mexicans spurned regular employment so that they could continue to receive government benefits such as healthcare. He quoted 2004 figures which showed that 44% of the country's labour force worked in the "informal" economy, often self-employed in jobs li