Support Reaches Pemex and Cfe, but From Different Trenches
2 Articles
2 Articles
The two main companies of the State, Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE), have managed to obtain resources to meet their objectives in the short term, which, it goes without saying, are as different as their sources of income. While the one in charge of generating most of the country's energy obtains credits for important amounts without so much difficulty, the oil company led by Victor Rodríguez Padilla surv…
Since 2015 Pemex has received 3.3 billion in support, 91% in the six-year period of AMLO, without modifying its debt, negative capital or dependence on fiscal support. According to the Mexican Institute of Finance Executives (IMEF), Mexican Petroleum has received accumulated support of 3.3 billion pesos since 2015, of which 91% was concentrated in the last six years, during the administration of Andrés Manuel López Obrador. That is, about 3 bill…
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