To counter the economic downturn, Arturo Herrera, Secretary of Finance and Public Credit to progress detailed reform in the National Infrastructure Investment Agreement.
This agreement between the federal government and private initiative will develop a package 147 projects throughout the country, which will require 859 billion pesos.
Herrera spoke at least 7 projects already begun in 2020, as waterworks in Culiacan and Mazatlan, a hospital in Tlaxcala, the Pachuca road- Huejutla, a hospital in Hidalgo, and trains Guadalajara and Monterrey to the subway system.
“These projects came about because we put in the resources that allow us to detonate spending on the other side. (with states)” commented.
further, highlighted that managed to increase private investment in infrastructure 22 billion pesos through road widening concessions.
“We can extend the term, but against the extension of the term of the contract calls for an investment to be made with resources.
“There are 22 One billion pesos that are being spent on investment in roads as a result of this is called a doubling of concessions”, he explained.
On the other hand, Herrera said that energy policy was ready to be presented this week, but he delayed his announced coronavirus.
“Actually (I was) ready for this week just before conditions changed. Conditions have changed dramatically in recent 10 days”, said.
He said he does 10 days the announcement of the oil conflict between Russia and detonated Saudi Arabia, which it has led to lower prices below 20 dollars per barrel.
“When we are talking about the energy sector as a whole, is different from talking when prices are here that when prices are here. And other issues have come that took priority at this juncture”, the official said.
It will be up next week when the announcement is made on the investment parameters, sectors and activities where they will promote joint ventures between the private and public sector, and a list of projects where private investment is expected, advancement.
Finally, Herrera agreed that there is a more complicated scenario for Pemex by falling oil prices.
“There is a question not from Pemex, but (all) the industry. There is a recalibration of the risk of the entire oil sector”, said.
He explained that the Treasury will monitor what the needs of Pemex, financial and investment flows, so you can restore production.