Tag Archives: Expenditure Budget

Supreme Courts Annuls AMLO’s Discretionary Spending Powers

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By THE PULSE NEWS MEXICO STAFF In a blow to Mexican President Andrés Manuel López Obrador’s (AMLO) ongoing efforts to concentrate all political power and federal spending decisions into his person, the country’s Supreme Court (CSJN) on Tuesday, April 5, ruled that he will no longer be able to decide how to discretionally dispose of financial resources saved by his

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32 Private Electricity Contracts at Risk

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By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador’s (AMLO) proposed electricity reform would nullify at least 32 existing contracts with private electricity generators, especially those of independent energy producers, which, according to data from Federal Electricity Commission (CFE), are valued at 1.6 trillion pesos. To put that in context, that sum would constitute enough money to

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