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Re: Stinksniffer post# 32914

Wednesday, 05/04/2022 9:27:39 PM

Wednesday, May 04, 2022 9:27:39 PM

Post# of 41539
I believe Francisco Cervantes' (president of the Business Coordinating Council) intended meaning was lost in translation / misunderstood. It appears to me that he was referring to AMLO's presentation of his plan against inflation that happened today.

https://www.eluniversal.com.mx/nacion/cce-felicita-amlo-por-plan-contra-la-inflacion (CCE congratulates AMLO for plan against inflation; assures that businessmen want to collaborate)


Some articles say that the third infrastructure package would be "announced," but others say the issue would be "discussed" (like this one - https://www.reporteindigo.com/reporte/hay-oportunidad-para-la-inversion-en-mexico-amlo-cena-con-el-consejo-de-las-americas/) and others say that this week "the private initiative will begin talks with the Government of López Obrador to agree on the third infrastructure package." (https://www.elsoldemexico.com.mx/mexico/politica/amlo-ceno-con-empresarios-de-eu-para-proponer-oportunidades-de-inversion-8204052.html)

He's not wrong technically. The package WAS mentioned at AMLO's morning press conference. They are "working on it" as stated in Macod's post (https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168754851). Sounds to me like they're working on finalizing the agreements.

Also, from this article about the plan against inflation - "From the presentation of the infrastructure plan, he said that the third package is being worked on."

https://www.capitalmexico.com.mx/economia/canasta-basica-bajaria-hasta-un-20-ip/