Comments on: Inside Pemex’s plan to reach fiscal solvency by 2027 https://mexiconewsdaily.com/business/inside-pemex-plan-fiscal-solvency-2027/ Mexico's English-language news Wed, 06 Aug 2025 22:32:28 +0000 hourly 1 https://wordpress.org/?v=6.8.2 By: John Galbraith https://mexiconewsdaily.com/business/inside-pemex-plan-fiscal-solvency-2027/comment-page-1/#comment-22049 Wed, 06 Aug 2025 18:56:44 +0000 https://mexiconewsdaily.com/?p=555025#comment-22049 In reply to John Galbraith.

Correction: Sounds like wishful thinking to suggest that the government subsidies will end in 2027. (not 2017)

]]> By: John Galbraith https://mexiconewsdaily.com/business/inside-pemex-plan-fiscal-solvency-2027/comment-page-1/#comment-22048 Wed, 06 Aug 2025 18:54:26 +0000 https://mexiconewsdaily.com/?p=555025#comment-22048 Pemex is the most indebted oil company in the world with liabilities nearly double its assets. And this is despite AMLO providing over $90 billion USD in government support through tax breaks and capital injections. This is what is known as a government dependent company. An oil company should be paying taxes and royalties into the public purse not drawing tens of billions from it. Pemex’s oil production is declining which means less revenue. Sounds like wishful thinking to suggest that the government subsidies will end in 2017. I hope I’m wrong. Maybe some can explain “energy sovereignty” to me. I always thought the debtor was slave to the creditor.

]]>