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Business · Important news for 9 September 2026

Business

Mexico Slashes Pemex Financial Support by 70% in New Budget Proposal

Bloomberg

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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