{"id":1888,"date":"2020-04-16T10:50:41","date_gmt":"2020-04-16T16:50:41","guid":{"rendered":"http:\/\/accesstomexico.mx\/blog\/?p=1888"},"modified":"2020-04-17T10:56:47","modified_gmt":"2020-04-17T16:56:47","slug":"mexico-central-bank-rebuffs-amlo-request-for-surplus-fund","status":"publish","type":"post","link":"https:\/\/accesstomexico.mx\/blog\/mexico-central-bank-rebuffs-amlo-request-for-surplus-fund\/","title":{"rendered":"Mexico Central Bank Rebuffs AMLO Request for Surplus Fund."},"content":{"rendered":"\n
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BLOOMBERG<\/a><\/p>\n\n\n\n

Mexican President Andres Manuel Lopez Obrador met central bank Governor Alejandro Diaz de Leon to ask for an advance on the bank\u2019s exchange-rate surplus. He returned empty-handed, for now.<\/p>\n\n\n\n

In a statement, Banxico said that both Lopez Obrador and Diaz de Leon discussed the importance of following the existing procedure and timing regarding the surplus as laid out in the central bank\u2019s own regulations.<\/p>\n\n\n\n

The surplus — which is scheduled to be paid out in April next year — may eventually represent a windfall for Mexico\u2019s government as it tries to hold its fiscal position amid shocks from an oil slump and the coronavirus.<\/p>\n\n\n\n

\u201cBanxico won\u2019t know how much is left over until the end of the year,\u201d said New York-based Bank of America economist Carlos Capistran. \u201cIt seems appropriate to me that Banxico respects the timing established by the law.\u201d<\/p>\n\n\n\n

Lopez Obrador had said that he would\u00a0ask\u00a0about a possible advance payment on that funding in a morning press conference on Thursday. In a tweet after the meeting, the president said that discussions were cordial and that he had reiterated his absolute respect for the central bank\u2019s independence.<\/p>\n\n\n\n

\ufeffJustin Villamil, (2020), Mexico Central Bank Rebuffs AMLO Request for Surplus Fund, EE.UU., Bloomberg, Recuperado de <\/strong><\/p>\n\n\n\n

https:\/\/www.bloomberg.com\/news\/articles\/2020-04-16\/mexico-central-bank-gently-rebuffs-amlo-request-for-surplus-fund<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

BLOOMBERG Mexican President Andres Manuel Lopez Obrador met central bank Governor Alejandro Diaz de Leon to ask for an advance on the bank\u2019s exchange-rate surplus. He returned empty-handed, for now. In a statement, Banxico said that both Lopez Obrador and Diaz […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1888","post","type-post","status-publish","format-standard","hentry","category-uncategorized","clearfix"],"_links":{"self":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/1888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/comments?post=1888"}],"version-history":[{"count":1,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/1888\/revisions"}],"predecessor-version":[{"id":1890,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/1888\/revisions\/1890"}],"wp:attachment":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/media?parent=1888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/categories?post=1888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/tags?post=1888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}