Acquiring a home has become one of the priorities for this new generation of young people June 07, 2023 4:23 p.m. MEXICO-. At present, acquiring their own home has become one of the main objectives of many people. However, the high cost of property and the lack of financial resources can make it difficult to … Read more
With a investment of 16 billion pesos (MMDP), the Ministry of Agriculture and Rural Development (SADER)of the Government of Mexicowill deliver a million tons of fertilizers a two million producers to apply to three million hectares of corn and beanscorresponding to Production for Well-being programduring the year 2023according to Areli Cerón, Coordinator of the National … Read more
The growth of remittances has been extraordinary in recent months. According to the Bank of Mexico, only in the first quarter of this year there were 17,240 million dollars, which represents almost 18 percent more than the same period of the previous year, with an average remittance of 383 dollars. Since July 2008 – 14 … Read more
To prevent debts and monthly payments from continuing to grow each year, 243,000 workers in Jalisco can access the restructuring schemes for your Infonavit credits to change them from times minimum wages to pesos. This practically represents half of the total loans that the Entity has (473 thousand), due to the fact that restrictions were … Read more
“The flexible credit line is a precautionary instrument that reinforces the reserve of international assets and thus complements the tools of the Mexican authorities to face adverse external conditions and preserve economic and financial stability,” detailed the agencies. For its part, the IMF stressed that the Mexican government has successfully maintained macroeconomic, fiscal and financial … Read more
Despite the fact that analysts consulted by Expansión considered that there will be a significant recovery in economic activity from the second half of 2021, reaching the prepandemic levels in payroll and personal credit will take a few more months. “We are seeing a recovery in GDP, not so much at the levels of 2019, … Read more
This Tuesday, June 8, do not miss the digital chat with the president of the Employers’ Confederation of the Mexican Republic (Coparmex), José Medina Mora, which will be broadcast on social networks and the EL UNIVERSAL site. After the elections this Sunday, Medina Mora will address, in a live broadcast, economic and political issues of … Read more
The Bank of Mexico (Banxico) assured that financing to the private sector continues to decline and that credit granting conditions have worsened because it is much more difficult to obtain financing from banks. The most worrying thing, he warned, is the fall in financing for companies, in whose intermediation margins rates make credit more expensive. … Read more
Economics is a science that has been present in all human activities since man, a gregarious animal by nature, adapted to live in society. However, it is poorly understood and studied, so I will try to explain the meaning of some of the most frequently used concepts in plain language. Offer and demand. Basic principle … Read more