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 On the afternoon of Wednesday, Sept. 8, Mexican Secretary of Finance and Public Credit (SHCP) Rogelio Ramírez de la O presented Mexico’s 2022 budget plan to the Chamber of Deputies under the administration of President Andrés Manuel López Obrador (AMLO), featuring no increase in taxes, increased spending in the health sector, and historical levels of public investment.
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By KELIN DILLON While Mexican President Andrés Manuel López Obrador (AMLO) is expected to present Mexico’s 2022 Budget to the nation’s Congress on Wednesday, Sept. 8, the country is not expected to have any significant advances in public spending due to a number of debilitating economic factors brought on by the effects of the year-and-a-half-long covid-19 pandemic. During 2020 and
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By ANTONIO GARZA, former U.S. ambassador to Mexico
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