Mexico Metropolis. Rising the variety of tax audits carried out by the Treasury Division has resulted in a considerable enhance within the assortment of sources throughout this administration, which have elevated from 1.2 trillion pesos between 2013 and 2018 to three.3 trillion pesos throughout this six-year time period, President Andrés Manuel López Obrador reported. Subsequently, … Read more
Mexico Metropolis. The federal authorities’s pension commitments proceed to develop uninterruptedly. Official knowledge reveal that within the first 5 months of 2024, authorities pension spending registered an actual enhance of 6.7 % in comparison with the identical interval final 12 months, which factors to closing 2024 at an unprecedented degree. Information from the Ministry of … Read more
Mexico Metropolis. EThe assembly held by Rogelio Ramírez de la O, head of the Ministry of Finance and Public Credit score (SHCP) with buyers in London this week shouldn’t be one thing out of the peculiar, stated Gabriel Yorio González, undersecretary of the federal company. “It’s regular for the Treasury Division to have conferences with … Read more
Mexico Metropolis. Mexico will chair the Monetary Motion Job Pressure (FATF) for 2 years, the place it is going to search to contribute, from a multilateral perspective, to the safety of countries and their economies, in addition to to the integrity of the worldwide monetary system, according to the establishment’s mandate. In a press launch, … Read more
Mexico Metropolis. Though its progress fee has moderated within the first 4 months of the yr, the Mexican financial system is strong and has a powerful anchor, which is why it’s rising in keeping with the projection of the Ministry of Finance, of between 2 and three %. , said Gabriel Yorio González. The Undersecretary … Read more
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
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
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
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
The Ministry of Finance and Public Credit score is engaged on a plan in order that between 30 thousand and 40 billion {dollars} of the debt of Petróleos Mexicanos (Pemex) – equal to 40 % of the corporate’s liabilities – go to the steadiness sheet of the federal authorities , in a motion that seeks … Read more