Pemex Government Funding Outpaces Contributions
This marks the first time Pemex’s public support has outpaced its contributions since 2020
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Mexican Public Deficit Rises 248 Percent in Q1 2024
Mexico reportedly spent 2.319 trillion pesos during the first quarter of 2024 compared to its 1.867 trillion peso income during the period, said the Secretariat of Finance and Public Credit
Read moreMexico’s Fiscal Deficit up More than 1,000 Percent
By THE PULSE NEWS MEXICO STAFF During the first month of 2022, Mexico’s public sector fiscal deficit amounted to 64.533 billion pesos, the highest for a similar month in six years. This amount was 10.4 times greater than the deficit that was recorded in January 2021 and the highest that has been reported for the first month of the year
Read moreMexico’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,
Read moreMexican 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
Read moreKuwaiti 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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