López Obrador asks Sheinbaum to maintain Pemex’s financial aid

2024-09-20 21:35:00

president of mexico, Andres Manuel Lopez Obrador,express Inject cash into national oil companiesPetróleos Mexicanos, should continue after being elected president, Claudia Sheinbaumcame to power in October.

Continue transferring to Pemex It’s “what’s best for the country”he told reporters in Mexico City, adding that the payments helped reduce the company’s debt to less than $100 billion.

The president, known as “AMLO,” did not elaborate on how Sheinbaum should support public companies but praised what he said was a state-led economic model that helps Increase crude oil production and power generation at state-owned CFE.

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“The president-elect shares our view that these listed companies are of strategic importance,” López Obrador said. “Some people are waiting for a turnaround or a setback, If there is going to be a return to neoliberal policies, I would advise them to accept that economic policies are here to stay and do better.

Translated by Paola Torre.

LM

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