Tag Archives: deficit

Mexico’s Fiscal Deficit Reaches Six-Year High

By KELIN DILLON  In new data revealed on Thursday, Jan. 6, by the Mexican Secretariat of Finance (SHCP), Mexico’s difference between income and public sector spending reached 472.8 billion pesos in 2021, the largest deficit the country has seen in the last six years. Between January and November of 2021,  Mexico brought in some 5.2 trillion pesos through tax revenue,

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Mexican Exports Down 9.34 Percent in 2020

By THE PULSE NEWS MEXICO STAFF Mexico’s exports fell by a whopping 9.34 percent in 2020 — the worst drop in the country’s foreign sales since 2009, when exports plunged by 21.16 percent compared to the previous year — according to figures released by the National Institute of Geography and Statistics (Inegi) on Wednesday, Jan. 27. Mexico’s petroleum exports were

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Kuwaiti Ambassador Celebrates Dual National Days

By THÉRÈSE MARGOLIS     Kuwaiti Ambassador to Mexico Muteb Saleh Almutoteh had a lot to celebrate on Monday, Feb. 25, when he marked the 58th anniversary of his country’s independence from Britain and the 28th anniversary of its liberation from Iraq with a diplomatic reception at Mexico City’s Westin Santa Fe Hotel. Not only has his Middle Eastern country finally managed

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