The Secretariat of Finance and Public Credit adjusted its gross domestic product growth estimates for 2025 and 2026 in light of uncertain U.S. economic policy and lowered private investment in Mexico
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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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A reported 24 billion pesos has been diverted from Mexico’s fight against climate change toward Mexican President Andrés Manuel López Obrador’s controversial pet project
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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
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According to the Mexico City Secretariat of Citizen Security, 26 elements of the capital’s police force were injured as a result of the explosions
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Mexico’s Secretariat of Finance and Public Credit (SCHP) ordered all federal agencies and entities to close their bank accounts that have been authorized by the Treasury of the Federation
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By KELIN DILLON On Wednesday, Sept. 7, Mexico’s Third District Judge in Administrative Matters of Mexico City, Yadira Medina Alcántara, enacted a nationwide amparo (legal injunction) to restore the country’s Full-Time Schools program (ETC), which was controversially ended in anticipation of the implementing the National Regeneration Movement (Morena) led government’s The School is Ours (LEEN) initiative by the end of
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By MARK LORENZANA Anticorruption and transparency groups, business and political organizations, journalists and concerned individuals in Mexico have all called on the government of Mexican President Andrés Manuel López Obrador (AMLO) to restore the public-information system CompraNet, which has been “temporarily suspended” since Friday, July 15. CompraNet is an information system in Mexico through which citizens can openly search about
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By MARK LORENZANA Since Mexican President Andrés Manuel López Obrador took office nearly four years ago, the Mexican Armed Forces have not only increased their presence on the streets, but have also embarked on a new mission: to become successful entrepreneurs. On April 13 of this year, Mexico’s Secretariat of Finance and Public Credit (SHCP) announced the creation of a
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By KELIN DILLON Just days after Mexico’s Financial Intelligence Unit (FIU) of the Secretariat of Finance and Public Credit (SHCP) publicly revealed the excessive spending habits of controversial Attorney General (FGR) Alejandro Gertz Manero, details about the documents Gertz’s own in-laws delivered to the FIU outlining his irregular financial practices surrounding some $7.9 million have come to light. The FIU
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