If industrial production in the United States maintains its trend in the third quarter, it could grow by 4.2% annually in 2022, Mexico‘s Ministry of Finance (SHCP) projected. That rate is close to the median August estimate by private analysts surveyed by Blue Chip of 4.3 percent. During
Mexico‘s federal government proposed a budget of 335,499.4 million pesos for the Pension for Older Adults to be exercised in 2023. According to its own words, the Mexican government’s strategy is aimed at achieving social justice and the comprehensive welfare of older adults at retirement age. Furthermore, he
The SHCP proposed this Thursday a budget of 143.1 billion pesos for the Mayan Train to be executed in 2023, which will allow the conclusion of its first stage. Likewise, the federal government estimates that the total impact of the project on the regional labor market will be
The Federal Electricity Commission (CFE) would have a budget investment of 38,899.6 million pesos for 2023, if its proposed item in the Federal Expenditure Budget Bill is approved. These resources would be used in the construction of electric infrastructure, maintenance and acquisition of equipment for generation, transmission and
The Federal Economic Competition Commission (Cofece) of Mexico would have a 6.7% increase in its budget for 2023 in real terms and at annual rate, if the budget proposed by the Ministry of Finance is approved. With this, Cofece’s budget would amount to 689 million 984,335 pesos for
Mexico will increase its automotive production in the second half of 2022, predicted the federal government, in the General Economic Policy Criteria 2023. For the second half of 2022, the Ministry of Finance considers that the following elements, among others, will explain the performance of Mexican foreign trade.