Pedro Aspe
| Pedro Aspe | |
|---|---|
| Pedro Carlos Aspe Armella | |
| Secretary of Finance and Public Credit | |
|
In office December 1, 1988 – November 30, 1994 |
|
| President | Carlos Salinas de Gortari |
| Preceded by | Gustavo Petricioli |
| Succeeded by | Jaime Serra Puche |
| Secretary of Programming and Budget | |
|
In office October 5, 1987 – November 30, 1988 |
|
| President | Miguel de la Madrid |
| Preceded by | Carlos Salinas de Gortari |
| Succeeded by | Ernesto Zedillo |
| Personal details | |
| Born |
7 July 1950 Mexico City, Mexico |
| Political party | Revolutionary Institutional Party (PRI) |
| Alma mater | ITAM, Massachusetts Institute of Technology |
| Profession | Economist |
Pedro Carlos Aspe Armella (born on 7 July 1950 in Mexico City, Mexico) is a Mexican economist. He served as secretary of finance (1988 – 1994) in the cabinet of Carlos Salinas de Gortari, where he successfully renegotiated foreign debt, gave autonomy to the central bank and promoted a controversial privatization plan.
Aspe Armella is the son of Pedro Aspe Sais, a lecturer at Escuela Libre de Derecho and former director of El Palacio de Hierro, and Virginia Armella Maza. His great-grandfather was a federal deputy in the early years of the 20th century and his grandfather coordinated the Mexican diplomatic service in the Álvaro Obregón administration.
He undertook his basic studies at private schools managed by the Society of Jesus and received a bachelor's degree in economics from the ITAM and a doctorate in economics from the Massachusetts Institute of Technology. He is also a member of the Institutional Revolutionary Party (PRI) since 1980 and has been awarded the Order of the Phoenix by the government of Greece (1986).
Before joining the cabinet of President Salinas, Aspe Armella chaired the department of economics at the ITAM; served as the founding president of the National Institute of Statistics, Geography and Informatics (INEGI, 1982 – 1985); worked as Undersecretary of Planning (1985 – 1987) and headed the Budget and Planning Secretariat in the cabinet of Miguel de la Madrid.
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