After the approval of the energy reform of the Fourth Transformationthe President of Mexico, Claudia Sheinbaumcongratulated the Morena legislators for their conviction, and highlighted that the initiative reverses some effects of the former president’s energy reform, Enrique Peña Nieto, in 2013.
“Partly if it is reversing a part of the 2013 reform, public companies, the Federal Electricity Commission y Pemex “They were created for two objectives: the energy sovereignty of Mexico, and the power to provide electricity, gasoline, diesel, all petroleum derivatives accessible to the population,” he explained.
During your conference Morning, The president explained that with the modifications in energy matters, the Federal Electricity Commission (CFE) and Petróleos Mexicanos (Pemex), will guarantee fuel and electricity accessible to citizens.
Likewise, the president Sheinbaumcommented that the market derived from the energy reform of 2013 will continue, so the private sector will generate 46% of the electricity.
“If private investment is allowed, the characteristic is that if the generation of CFE exceeds 50%, it is not considered a monopoly,” he clarified.
“(State companies) of course have to be productive, efficient, but their function is not competition with private companies, their function is energy sovereignty, and that there be accessible fuels and electricityand”, highlighted.
Meanwhile, yesterday, the Chamber of Deputies generally approved the constitutional reform on energy matters of the Fourth Transformation, with a vote of 353 in favor, 122 against and zero abstentions.
On the other hand, the president Claudia Sheinbaum He assured that his administration will achieve a reduction in the deficit of up to 3.5 percent, without sacrificing social programs or public works for the benefit of citizens.
“There will be no increase in tax rates, and it will significantly reduce the deficit, The objective is to reach 3.5 percent, and if not it would be around that percentage,” he assured.
He ruled out a possible fiscal crisis, due to the deficit, and assured that there are resources in the treasury.
“It will close (the deficit with) less than 6 percent, that is at least the estimate that the Secretarya of Making, and the objective for next year, is a significant reduction, the objective is to reach 3.5 (percent), but we are watching,” he commented.