Mirage Energy Corp (MRGE)

[Andyman23]

¿mañana? :

This is our second source that suggests tomorrow. As you read, remember that there is no greater advocate for private foreign investment than Alfonso Romo. The adversaries that have been holding this thing back are Rocio Nahle and Manuel Bartlet.. But even they over recent few weeks have shown themselves being defeated.. surrendering their failed fight to keep oil operations state owned. I believe PEMEX's horrendous 4th quarter results released last week and the fall in oil on Sunday were the final blows. Now, let us see to whom the President goes to as urgency is escalated in the crisis hour:
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The Plan that AMLO prepares for the economic contingency
The President held a long meeting with his Secretaries of the Treasury, Arturo Herrera, and of the economy, Graciela Marzuez, on Monday night at the National Palace

On Monday night, already with the news in tow of the collapse of the price of oil and the world economic impact produced by the measures to contain the contagion of the coronavirus, with the consequent collapse of the stock exchanges, including the Mexican, and the strong depreciation of the peso against the dollar, AMLO held a long meeting with its secretaries of Finance, Arturo Herrera, and Economy, Graciela Marquez.

It was in the library of the National Palace and started after eight at night. The two officials made specific proposals, the result of an analysis carried out during the last weeks by El Colegio de Mexico, an institution from which both are graduates.

Witnesses to the meeting saw a relaxed, receptive President. He took notes and questioned about the viability of the aforementioned plan.. which was based on ten axes:

1. Tax incentives
2. More effective tax collection
3. Energy Plan
4. Immediate increase in the investment of health, basic, social and technological infrastructure
5. Boost to domestic tourism
6. Strengthening of the manufacturing industry
7. Expansion of construction spending
8. Shielding distribution channels to ensure commercial logistics
9. Facilitate and expedite government purchases, mainly in medicine
10. Send to the investors signs of confidence with a clear change of narrative of the president.

The trio said goodbye after ten at night.

SNAPSHOTS:

1. OIL INVESTMENTS. Sources from the economic cabinet coordinated by Alfonso Romo from the presidency, assure that the investment plan for the energy sector is ready with similar mechanisms - although probably with different names - to those of farmouts and oil rounds. It remains to define the date and stage of presentation. One could be the Banking Convention that will start tomorrow in Acapulco.

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Full article here:
https://www.eluniversal.com.mx/opinion/raul-rodriguez-cortes/el-plan-que-prepara-amlo-ante-la-contingencia-economica