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By MBN Staff - Thu, 08/29/2024 - 11:13
Mexico’s budget deficit increased, driven by lower-than-expected oil revenues and a rise in spending on subsidies and financial investments.
https://mexicobusiness.news/tag/fmp
More Oil & Gas
By Sergio Taborga - Mon, 05/27/2024 - 08:42
Oil revenue surpasses forecasts; PEMEX receives fiscal support, manages debt, and defers tax payments
By Perla Velasco - Thu, 05/16/2024 - 08:49
The Mexican government has reiterated economic support for PEMEX for the rest of the administration.
By Sergio Taborga - Wed, 05/15/2024 - 10:58
Fiscal support for PEMEX rises, but debt persists. Production struggles despite restructuring efforts.
By MBN Staff - Fri, 05/10/2024 - 12:35
PEMEX resumed its payment of Shared Utility Rights (DUC), transferring MX$22.661 billion to the Mexican Petroleum Fund (FMP) in March.
By MBN Staff - Tue, 03/19/2024 - 13:02
Mexico's Stabilization Fund (FEIP) recorded a balance of MX$40.52 billion in 2023, an annual real contraction of 88.8% compared to 2018.
By Perla Velasco - Thu, 11/16/2023 - 11:44
The FMP saw a sustained decrease in financial contributions from private operators. Meanwhile, PEMEX made significant payments in October.
By Perla Velasco - Fri, 10/20/2023 - 16:03
The Chamber of Deputies approved the 2024 Federal Revenue Law, introducing various adjustments including a reduction of PEMEX’s tax burden.
By Perla Velasco - Thu, 01/12/2023 - 08:36
While PEMEX carried its own debt last year, its financial achievements appear futile in light of the financial support provided by the government
By Perla Velasco - Tue, 01/10/2023 - 13:48
According to the Mexican Oil Fund (FMP), PEMEX’s contribution to its shared utility right (DUC) fell by 34 percent in December 2022.
