Mexico Congress Debates President’s Electricity Reform
- Lawmakers set to vote on AMLO’s bid to restore power monopoly
- Ruling party seen lacking two-thirds majority to pass bill
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Mexican lower house lawmakers on Sunday began debating a controversial proposal by President Andres Manuel Lopez Obrador to restore the state’s monopoly over the electricity industry.
Dozens of lawmakers are expected to speak during what is likely to be a lengthy process. A same-session vote is planned for the bill, which comprises constitutional amendments giving state utility Comision Federal de Electricidad, or CFE, at least 54% of the market and capping private participation.