**Mexico City**: President Claudia Sheinbaum Pardo has unveiled key initiatives to enhance financial operations at Petróleos Mexicanos (Pemex), aiming for transparency, faster payments, and the elimination of intermediaries, thereby boosting the economy and supporting small businesses in energy-rich states like Tabasco and Campeche.
During a recent morning conference, Mexican President Claudia Sheinbaum Pardo announced significant initiatives aimed at improving financial operations related to Petróleos Mexicanos (Pemex), the state-owned oil company. The announcement follows the government’s commitment to address outstanding debts owed by Pemex to both large contractors and small and medium-sized enterprises (SMEs) in crucial energy-producing states, namely Tabasco and Campeche.
The president highlighted that the government is prioritising transparency and fairness in these financial transactions. She stated, “We are fulfilling our financial obligations,” underscoring the administration’s aim to reactivate the regional economy and enhance the supply chain reliant on Pemex’s activities.
A critical element of Sheinbaum’s message was her directive to eliminate intermediaries in the payment process. She warned that supplier companies should refrain from paying commissions or hiring agents to expedite their payments. “That practice encourages corruption and delays payments,” Sheinbaum declared, further encouraging companies to report any attempts at extortion they may encounter.
The president also reaffirmed the guiding principles of her government’s approach to the energy sector, which include transparency, efficiency, and economic justice. She indicated that timely and unbiased payments are intended to bridge the inequality gap between large corporations and SMEs, with the objective of positioning Pemex as a catalyst for national development.
These measures form part of a broader strategy to reform Pemex’s financial landscape, re-establish supplier trust, and modernise the operations of the company. The government’s focus on economic inclusivity and equitable practices is central to this ongoing initiative.
Source: Noah Wire Services
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