Tag Archives: assets

Sedena’s Real Estate Assets Accrue 20 Percent in Value

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By KELIN DILLON According to new data released by the Mexican Secretariat of Finance and Public Credit’s Public Account, the real estate holdings of the Mexican Secretariat of Defense (Sedena) have grown by more than 47.3 billion pesos in value throughout the first four years of President Andrés Manuel López Obrador’s (AMLO) six-year term, placing the total value of Sedena’s

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AMLO Requests Transfer of IMF Funds to Treasury

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By KELIN DILLON On the morning of Wednesday, Aug. 18, Mexican President Andrés Manuel López Obrador (AMLO)  revealed he would formally request the Central Bank of Mexico (Banxico) to transfer the Special Drawing Rights (SDR) funds given by the International Monetary Fund (IMF) to Mexico’s treasury. The IMF Board of Governors previously approved the distribution of $650 billion worth in

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