Thursday, July 18th, 2019
The Mexican government has shown its intention to support Pemex to solve its current crisis. The Latin American Committee of Financial Affairs (CLAAF) spoke about the government’s priorities to help Pemex.
The government of Andrés Manuel López Obrador (AMLO) is making Pemex’s rescue a priority; something that, although will help improve the NOC’s finances, might have a negative effect on the national economy.
Arturo Herrera was appointed as the new Secretary of Finance and Public Credit (SHCP), after the resignation of Carlos Urzúa. Herrera faces several challenges and Pemex stands out as one of the most relevant.