MEXICO CITY, Nov. 30 (Xinhua) -- Mexico's President-elect Enrique Pena Nieto, who takes office on Saturday morning, will face two key challenges -- security and economic growth.
The former state governor must grapple with the legacy of outgoing President Felipe Calderon -- a grisly war with drug cartels that has claimed over 60,000 lives over Calderon's six-year term.
The drug war resulted in a higher murder rate throughout the country, making security one of the main challenges for the new government.
Pena Nieto has pledged to continue the fight against drug gangs and give priority to reducing the violence, planning to consolidate the country's security forces under a single command.
Two public security ministries will be dismantled, while the Interior Ministry will be given more power.
The new so-called "Super Secretariat of the Interior" will be in charge of the entire police apparatus to fight crimes at both federal and local levels.
Due to the ongoing war against the cartels, the country's flagging economy grows at a slower pace than expected, which also leads to high unemployment.
Pena Nieto has pledged to focus on increasing the gross domestic product and reducing poverty that affects some 50 percent of the population.
Since Mexico, the world's seventh biggest oil producer, is heavily dependent on oil revenues, he plans to open up the state-run oil monopoly Pemex to more foreign investment to boost production.
His planned reforms will allow the private sector to participate in oil exploitation and other endeavors without privatizing Pemex, which is an unpopular move among Mexicans.
Pena Nieto also plans to promote foreign investment in different industries, after he toured South America and Europe in an effort to drum up business and investment.
Foreign investment in Mexico has dropped over the past six years, due to high crime rate, insecurity and lack of competitiveness.
To push through his reforms, Pena Nieto has campaigned for a consensus between legislative members from different parties, saying partisan differences prevented the two previous presidents from making any major structural changes.
The pact calls for cooperation in the areas of governance, transparency and accountability, security and justice, economic growth and employment, and society based on laws and rights.