Mexico | Federal Gov.’s support allows Pemex to improve its financial situation in 2016
Published on Wednesday, April 13, 2016 | Updated on Thursday, April 14, 2016
Mexico | Federal Gov.’s support allows Pemex to improve its financial situation in 2016
Summary
The Federal Government’s support of Pemex amounts to a total of 123.5 billion pesos and comes from three sources: an equity contribution; the conversion of Pemex’s pension bond into negotiable instruments of the Federal Government; and a reduction in the duties payable by the Company deriving from the changes to its tax regime
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Pemex
Authors
Javier Amador
BBVA Research - Principal Economist
Iván Martínez Urquijo
BBVA Research - Senior Economist
Francisco Javier Morales
Carlos Serrano
BBVA Research - Chief Economist
Documents and files
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