Investor Presentaiton
Implications of Lower House elections, in which the President's party (Morena) and allies have an absolute
majority (>50%), but not a qualified one (>66%)
With an absolute majority they can approve...
◆ Obtained with 50% + 1, equivalent to 251 legislators. This is enough
for changes to secondary laws, rules and to determine the legislative
agenda, among others
Some examples of matters that only require an absolute majority
include:
(1) Approval of the Spending Budget and Revenue Law
(2) Changes to Banco de México's law
(3) Approval of legislative projects
(4) Presidency of the Political Coordination Board
(5) Distribution of Committee Heads
...while a qualified majority is required for
◆ Obtained with at least two thirds of the House (334 legislators) and
Senate (86). It is necessary to make constitutional changes and
implies the need to boost consensus, especially on legal reforms or
transcendent matters
◆ Some examples that require a qualified majority include:
(1) Reversing the energy reform
(2) Eliminate autonomous offices
(3) Elimination of proportional representation legislators
(4) Define other crimes as severe, requiring preventive prison
(5) Modify the civil profile of the National Guard
.
COMISIÓN DE HACIENDA
Y CRÉDITO PÚBLICO
JUNTA DE
COORDINACIÓN POLÍTICA
LXII LEGISLATURA
CÁMARA DE DIPUTADOS
B
BANCO DE MÉXICO®
Source: Lower House, EMPRA, Animal Político, El Economista, El Financiero. Images: Lower House, Banxico, Platform (masqueingenieria-com) Guard (eleconomista.com.mx).
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GRUPO FINANCIERO
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