Oil Shortfall Hits Public Finance

MEXICO - Report 16 Jul 2014 by Mauricio González and Ernesto Cervera
Executive Summary As we have noted in previous issues of Weekly Trends: Mexico Economy, the evolution of public finance in 2014 will be a determining factor in the government’s economic strategy not only this year but for the remainder of the administration. Of particular significance was the fact that public revenues from petroleum income slipped by a real 0.5% between January and May compared to the same period of 2013, at the same time as revenues at Pemex fell 4.2% and those of the federal government rose 1.5%. The government managed to expand such income at a time of falling production...

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.