Mexico's new president is planning an amnesty for 'hundreds of thousands' of youths caught up in organized crime in an effort to stem the country's epidemic of cartel-related violence.

Security advisers for President-elect Andres Manuel Lopez Obrador said on Friday that amnesty legislation aimed at lessening violence will be developed with the input of crime victims and presented to Mexico's congress.

The security cabinet meeting was the first of a long day of gatherings for Lopez Obrador. In the evening he met for several hours with his economic team.

Security advisers for President-elect Andres Manuel Lopez Obrador (pictured in Mexico City on Thursday) said on Friday that amnesty legislation aimed at lessening violence will be developed with the input of crime victims and presented to Mexico's congress

Alfonso Durazo, proposed as the new administration's public security minister, said the amnesty law would be part of a 'Mexican recipe for peace.'

Amnesty would not be given at the discretion of the president, he said. Congress will have the final word.

'The objective of this law is to bring youth who for various reasons of economic survival, extortion, pressure from organized crime are (working) in the illegal into the legal,' Durazo said.

There could be hundreds of thousands of youth working as lookouts for organized crime, he said. 'We have to give them a way out.'

The advisers said any amnesty would be aimed only at lower-level people involved in cartel activities, often out of coercion. Criminals guilty of violent acts would be excluded, they said.

Lopez Obrador's opponents attacked him throughout the campaign about the amnesty idea, but he won a landslide election victory July 1 and will take office Dec. 1. He met with the security members of his proposed Cabinet on Friday.

Olga Sanchez, the proposed interior secretary, said the president-elect had made clear that Mexico's runaway violence will not be addressed with more violence.

She also mentioned the possibility of reducing some criminal penalties without providing more detail.

Mexico is on pace to have more killings in 2018 than in any other year in at least the past two decades.

More than 200,000 people have been slain since the country began waging a war on drug cartels when President Felipe Calderon took office in late 2006.

Mexico is on pace to have more killings in 2018 than in any other year in at least the past two decades. Pictured: Federal Police officers patrol the perimeter of the Altiplano prison in Almoloya de Juarez, Mexico, on July 13, 2015

Last year saw 30,000 murders and were nearly 8,000 in the first three months of 2018 alone, making it set to be even more bloody.

Lorreta Ortiz, Lopez Obrador's human rights adviser, said the new administration will immediately begin holding citizen forums and knocking on doors around the country to gather input that can be used to develop amnesty legislation.

'At the outset, no one who has committed a violent act, a single violent act, will receive amnesty,' Ortiz said. Those who could be eligible would be children and women recruited by organized crime to work as lookouts or mules, rural farmers who grow drug crops and people imprisoned for political crimes based on ideology.

Later, Lopez Obrador addressed the amnesty plan after leaving a meeting with his economic advisers and left open the possibility of looking at other measures if the public rejected it.

'It's about a process to achieve peace, but not with impositions, but rather convincing, looking for consensus,' he said. He said the objective is to 'finish the predominating violence that sadly imperils the country.'

He also said that after taking office, he would lead his security Cabinet, including leaders of the armed forces and the attorney general, in daily pre-dawn meetings to review security situations of the past 24 hours.

Durazo said the administration will also work to improve the capabilities of police so the military can be removed from the policing role it has been serving for years in some parts of the country.

The new government will improve filters to intercept illegal guns and drug proceeds flowing into the country. Pictured: Prisoners at Topo Chico prison in Monterrey on May 26, 2016

The new government will improve filters to intercept illegal guns and drug proceeds flowing into the country, and authorities will focus on going after cartels' finances with bolstered financial intelligence, he said.

Durazo cautioned that the problem of spiraling violence did not appear in a day and 'it is not going to be resolved in a day.'

Late Friday, Carlos Urzua, who Lopez Obrador has proposed as treasury secretary, held a news conference following a four-hour meeting of the economic team.

Urzua spoke of a range of programs across agencies, including a train that would run between the tourist destination of Cancun and less-visited Palenque near the border with Guatemala, but gave a wry grin when he was asked if the peso had devalued this week.

Lopez Obrador's critics had pushed the idea that markets would react negatively to the leftist's election, but he quickly struck a moderate tone after his victory and met with Mexican business leaders to assure them that Mexico's economic fundamentals are important to him.

Banco Base analyst Gabriela Siller said in a report late Friday that the peso had its best week against the dollar since December 2011, gaining 4.36 percent to close just above 19 to the dollar.

'The peso's appreciation has been shored up by the communication efforts of the incoming government, including Lopez Obrador, who during the week dedicated themselves to reduce uncertainty and reiterate that they will use prudent, pro-market economic policies and work together with the business sector,' Siller wrote.