Édgar Amador Zamora

The irony is that it may be happening just as the economic incentives to illegally import are coming down, but it obviously is welcome.

And Edgar Amador, the finance minister, in a very, I thought, quite a good intervention in Congress, sort of said that this, and I said rightly, this is the biggest cancer in Mexico.

Fuel smuggling, because it undermines public finances, takes money away from needed social programs and enriches the people involved in it.

And it's the utmost priority to Mexico to get on top of that.

Um, so basically, he says that while the government has raised the floor for millions, um, they've lowered the ceiling for everyone else.

Um, and, um, and anyway, Edgar Amador, the finance minister, um, wrote a rebuttal, um, basically, um, saying, well, actually, when Ortiz was finance minister, um, the [chuckles] you know, mec- inflation, you know, was up at fifty percent.

Um, now it's at three, roughly speaking.

Um, you know, the... a gap of sixteenfold.

So they're not solving the, the poverty problem at, at source, they're just solving it by throwing money at it.

It, uh, it was, it was an interesting tit for tat between Edgar and Ortiz.

One thing that I didn't like about Edgar Amador's reply is disqualifying, uh, Ortiz for the situations that he faced, that according to Edgar, that wouldn't, that didn't give him the moral authority to speak about these issues.

I think anyone could speak about the issues, uh, without judging how they did or how, how, uh, how, how, how, what the performance was.

The president explained that along with the revenue law and the expenditure budget project submitted on September 8th, as required by law, and this is what Kurt was actually just explaining to me, it comes a little early so Congress has more time to look at it, Reforms were sent to support micro and small businesses, mainly in terms of simplifying procedures, a topic she said would be addressed this Thursday.

In his speech, the Secretary of Finance, Edgar Amador Zamora, specified the economic package includes the revenue law, the expenditure budget, modifications to the income tax law, and the law of rights and customs law.

Yeah.

Big package.