Experts said a large hike could make it challenging for Mexico’s central bank to keep core inflation under control
The new arrangement will bolster market confidence at a time when trade uncertainty, a sharp pullback in capital from emerging markets, and increased risk premiums pose continued external risks to the Mexican economy
Pemex is drowning in debt
Pemex is in danger of being accused of accounting fraud in the U.S. The oil company has stopped paying contracts to over 950 companies and does not report that debt on its financial statements
Mexico’s Finance Ministry said only those apps related to the services sector, specifically hotels and hosting, will be included in the tax to digital economy companies
Until May 2018, the FCE had found 69,515 clandestine electricity connections
Mexican gross fixed investment has fallen on an annual basis
Pemex is the most indebted oil company in the world
Pemex is burdened by USD $104 billion in financial debt
The Minister said that the government has not considered taxing apps such as Facebook or Netflix
2020 budget: A glimmer of hope
The payment of pensions, salaries, and public debt take over the budget