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Mexico October 05, 2021 / 03:08 am UTC

Mexico: Energy Counter-reform Unlikely, But Harmful

By Priscila Robledo
President Andres Manuel Lopez Obrador presented Thursday a “New National Electricity Sector” bill. The constitutional reform has negative implications in terms of competitiveness. We believe approval of the reform is highly unlikely, but regardless of whether it is approved or not, the bill worsens the investment climate, sending headwinds to the economy's recovery.