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Tax Contributions Increased 12% in 2023: SAT
By Perla Velasco - Fri, 01/19/2024 - 15:34
Mexico’s Tax Administration Service collected MX$4.52 trillion (US$264 billion) in 2023.
https://mexicobusiness.news/tag/fiscal-deficit
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Mexico Issues Sustainability Bonds
By Perla Velasco - Fri, 01/19/2024 - 11:57
The Deputy Minister of Finance announced that Mexico carried out the “largest-ever” placement of sustainable bonds in euros for €2 billion.
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The 2024 Federal Spending Budget has drawn attention due to its significant fiscal deficit and high spending on social programs.
Mexico’s Fiscal Deficit Raises Concerns
By Perla Velasco - Fri, 09/15/2023 - 10:43
The Mexican Institute of Finance Executives expressed concerns regarding the proposed fiscal deficit for 2024.
Debt Needed to Face Covid-19: IMF
By Gabriela Mastache - Wed, 04/15/2020 - 10:44
According to IMF, the impact of COVID-19 will deteriorate fiscal balances. However, sizable increases in deficits are needed to fight the pandemic.