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IMF urges private help for Pemex

Monday, October 14, 2019

The International Monetary Fund recommended that Mexico reconsider its position of limiting private companies' cooperation with state-owned oil company Pemex, whose debt is weighing heavily on the government's finances.

President Andres Manuel Lopez Obrador has ended the tenders seeking partners for Pemex implemented under his predecessor, Enrique Pena Nieto, Reuters reports.