Business
Mexico Slashes Pemex Financial Support by 70% in New Budget Proposal
Mexico's government plans to cut financial aid for Petroleos Mexicanos debt payments to $4.8 billion by 2027, marking a nearly 70% reduction from current levels.
- Mexico's 2027 budget allocates 81.1 billion pesos ($4.8 billion) for Pemex debt aid
- Support is reduced by nearly 70% compared to current budget levels
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