The nation’s historic budget deficit and escalating financial challenges as declining oil revenues and rising public debt costs may cause significant fiscal pressures heading into 2025
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PULSE NEWS MEXICO By the year 2023, Mexico’s public debt is expected to reach 1.08 trillion pesos, representing an increase of 29.9 percent compared to the 2022 budget, according to a breakdown of President Andrés Manuel López Obrador’s (AMLO) new proposed annual economic package. The 2023 package, which was presented by the AMLO administration to Congress on Thursday, Sept. 8,
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XINHUA Mexico’s public debt will remain stable over the coming years despite the damage to the economy in 2020 caused by the novel coronavirus (covid-19) pandemic, President Andrés Manuel López Obrado (AMLO) said Wednesday, Sept. 9. AMLO’s administration submitted a budget proposal for 2021 that aims to reduce the so-called Historical Balance of the Public Sector Financial Requirements to 53.7
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By RICARDO CASTILLO It was a political rock rattle and roll in the Mexican government Tuesday, July 9, when, over the course of just one hour one Treasury Secretary resigned and a new one was appointed by President Andrés Manuel López Obrador (AMLO). To offer a proper sequence of events, allow me to start from the beginning of the series
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