Mexico Pressures Pemex on Spending to Meet Fiscal Targets
(Bloomberg) — Mexico is pressuring Pemex to reduce spending — and the state-owned oil company is responding by delaying payments to suppliers due in December, a person familiar said. The move is part of Mexican President Andres Manuel Lopez Obrador’s effort to end the year with a government-wide surplus and to avoid any possible sovereign …
News story posted on 2019-11-24T01:57:00.0000000Z
