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IMP Celebrates 60th Anniversary
By MBN Staff - Tue, 08/26/2025 - 11:19
IMP celebrated its 60th anniversary, affirming its role in Mexico's technological sovereignty and energy development.
https://mexicobusiness.news/tag/budget-cuts
More Finance & Fintech
Mexico Skirts Golden Rule, Invests 70 Cents per Peso in 1H25
By MBN Staff - Wed, 08/13/2025 - 14:43
Mexico broke the “golden rule of debt,” investing only 70 cents in infrastructure per peso borrowed in 1H25, per México Evalúa.
Pemex, Union Extend Talks As Pension, Funding Concerns Linger
By MBN Staff - Tue, 08/05/2025 - 09:33
PEMEX and the Oil Workers’ Union extended labor talks by 15 days amid disputes over pensions, budget certainty, and deteriorating work conditions.
NASA Staff Warn of Safety Risks Over Budget Cuts
By Óscar Goytia - Tue, 07/22/2025 - 18:11
Nearly 300 NASA staff signed the "Voyager Declaration" opposing budget cuts and policies under Trump’s appointee Sean Duffy, citing safety risks
PEMEX Burns Through 67% of Rescue Funds to Cover Debt
By Andrea Valeria Díaz Tolivia - Tue, 07/22/2025 - 12:05
PEMEX has spent over two-thirds of its federal rescue funds, but mounting debt and unpaid supplier bills are threatening its production capacity.
NASA to Cut 2,145 Senior Roles Amid Budget Pressures
By MBN Staff - Fri, 07/11/2025 - 17:15
NASA plans to cut 2,145 senior staff amid budget pressures, targeting GS-13 to GS-15 civil servant roles, according to internal documents
Mexico's Path to COP30 in Brazil
By Perla Velasco - Fri, 07/04/2025 - 09:19
Mexico finds itself at a pivotal moment, poised to redefine its role in global climate action.
Mexico’s World Cup 2026: Infrastructure Race Amid Investment Cuts
By Adriana Alarcón - Thu, 06/12/2025 - 12:15
With one year to go, Mexico’s World Cup cities race to upgrade infrastructure despite a sharp national investment drop and financial challenges.
PEMEX to Collaborate With Private Sector: The Week in Oil and Gas
By Perla Velasco - Fri, 05/02/2025 - 09:44
PEMEX has approved a new regulatory framework to support mixed development contracts with private sector partners.
Public Health Spending Falls in Early 2025
By MBN Staff - Wed, 04/23/2025 - 14:41
Mexico’s health spending dropped 33.6% in early 2025, raising concerns over access to care amid broader fiscal tightening.