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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The funding for these payments will reportedly be extracted from the Mexico City International Airport Airport Use Fee and the Mexican Treasury
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While founded with the positive intention of supplying low-income Mexican families with affordable food resources, Segalmex soon became embroiled in scandal
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According to the AIFA’s own internal end-of-year financial statements, 90 cents out of every peso that the terminal has reported as “income” between its inauguration on March 21, 2022, and Dec. 31 of last year were, in fact, government subsidies
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In a statement, the government said that “the supply and production of white corn in our country are important factors in determining its price and, therefore, also that of the various consumer products made from it, mainly tortillas”
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Despite a major investment by the Treasury in August to “repair access issues,” the platform has delivered only partial service over the last six months, with extensive downtime
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By KELIN DILLON While Mexico has long been spending more than it brings in through revenue, 2022 saw the country’s public deficit increase by approximately 26 percent – the largest deficit spike it has experienced since 2016. According to figures from Mexico’s Secretariat of Finance (SHCP), Mexico’s public deficit between January and November of 2022 stood at 611.1 billion pesos,
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By JUAN DE JESÚS BREENE One of the first topics in most high school world geography classes is, “Why are some countries rich while other countries are poor?” The answer is a relatively simple one: a combination of its level of corruption, its geography, climate, whether it is landlocked, security of property rights, economic flow and, one of the most
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PULSE NEWS MEXICO Mexican President Andrés Manuel López Obrador (AMLO) on Friday, Aug. 5, announced the his administration would no longer provide financial subsidies to offset the high cost of premium gasoline. In March of this year, after global oil prices skyrocketed as a result of the war in Ukraine, López Obrador ordered the Treasury to provide a nationwide Special
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