Mexico advances funds of exterior debt of 2025

Mexico advances funds of exterior debt of 2025

Mexico Metropolis. The Ministry of Finance and Public Credit score started an operation within the New York market to scale back the overall funds of exterior debt for 2025, with the purpose of offering higher monetary flexibility to the following administration, defined the Undersecretary of the Treasury, Gabriel Yorio. González in a social media message. … Read more

I’ll proceed at SHCP indefinitely: Ramírez de la O

I’ll proceed at SHCP indefinitely: Ramírez de la O

Rogelio Ramírez de la O confirmed that he stays within the Ministry of Finance and Public Credit score (SHCP) for undefined time. In a short message to traders he provided fiscal stability, respect for the autonomy of the Financial institution of Mexico and sustaining assist for Petróleos Mexicanos (Pemex). The message to traders was made … Read more

Morena in San Lázaro approves SHCP’s response after inventory market crash

Morena in San Lázaro approves SHCP’s response after inventory market crash

Mexico Metropolis. Morena within the Chamber of Deputies thought-about that the inventory market fall and the decline of the peso towards the greenback on Monday – a day after the election – was momentary and as a response to concern in regards to the financial management of the subsequent authorities, however thought-about the response well … Read more

Within the first quarter of 2024 public spending elevated 18.1% yearly: SHCP

Within the first quarter of 2024 public spending elevated 18.1% yearly: SHCP

Mexico Metropolis. Within the preamble to the electoral course of, between January and April 2024, public spending rose 18.1 p.c yearly, its highest stage for the same interval (pre-election), because the Ministry of Finance and Public Credit score has a comparable file. The company detailed that in these 4 months 2 billion 998 thousand 710.5 … Read more

They grant recourse to Salinas Pliego that stops evaluate of non-public accounts

They grant recourse to Salinas Pliego that stops evaluate of non-public accounts

Mexico Metropolis. A collegiate court docket in administrative issues granted a definitive suspension to Ricardo Salinas Pliego, which prevents the Nationwide Banking and Securities Fee (CNBV) from requesting data from credit score establishments, banking, monetary and inventory market entities within the nation, about their accounts and financial operations. private. The results are additionally for the … Read more

Necessary to understand local context to face climate crisis: SHCP

Necessary to understand local context to face climate crisis: SHCP

“A nuanced understanding of local contexts, along with flexible and inclusive policies, is fundamental to foster equitable and sustainable solutions to the climate challenge,” emphasized the Secretary of Finance and Public Credit, Rogelio Ramírez de la O, during the Council’s ministerial meeting. of the Organization for Economic Cooperation and Development (OECD), which takes place in … Read more

Sustainable transition in Mexico requires almost 12 billion pesos

Sustainable transition in Mexico requires almost 12 billion pesos

Mexico City. Achieving the environmental and sustainability goals to which Mexico has committed requires almost 12 trillion pesos in financing between now and 2030. In this process, the market is changing and the bank ensures that more and more projects are being demanded than at some point. converge towards sustainability. Alba Aguilar, general director of … Read more

“We are not copying the framework of the 90s”: SHCP on fiscal metrics

“We are not copying the framework of the 90s”: SHCP on fiscal metrics

Mexico City. Mexico’s current administration reaches its sixth year with the mandate to “pursue serious structural change”; The priority has been towards the interior, but this does not imply that it is no longer one of the economies most exposed to international shocks, acknowledged Rogelio Ramírez de la O, Secretary of Finance and Public Credit. … Read more

States that will change governor concentrate a third of the local debt

States that will change governor concentrate a third of the local debt

The nine states where there will be gubernatorial elections on June 2 concentrate a third of the debt in entities and municipalities, according to the most recent balances reported by the Ministry of Finance and Public Credit. None are on alert due to their debt levels, but the greatest pressure that future administrations will face … Read more