Mexico reached its lowest-ever ranking on Transparency International’s 2024 Corruption Perceptions Index, dropping to 140th out of 180 countries with a score of 26 out of 100
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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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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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By KELIN DILLON Mexico’s Senate passed President Andrés Manuel López Obrador’s (AMLO) controversial outsourcing bill with near-unanimous approval on Tuesday, April 20, thus limiting the public and private sector’s ability to subcontract and outsource labor for projects. The bill passed through the Senate with 118 votes in favor, two in abstention and none against, allowing the reform to continue with
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By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
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By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
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