Pensions and Pemex to figure in Lopez Obrador’s Mexico plans
Mexico’s next president, Andres Manuel Lopez Obrador, supports ideas such as creating a fiscal committee for prudent economic management, reforms of pensions and cost-cutting at state-owned oil firm Pemex, a senior aide told Reuters.
The leftist Lopez Obrador won a landslide victory on Sunday, besting a four-candidate field with more than 53 percent of the vote in preliminary results. In the elections for Congress, his MORENA party and its allies could win majorities in both chambers, according to projections based on results still trickling in.
Carlos Urzua, Lopez Obrador’s pick to be his finance minister when he takes office on Dec. 1, told Reuters on Monday that the new government will aim to reform the pension system and to reduce costs at Pemex during its six-year term.
Read More: Reuters
