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Mexican Government Slashes Pemex Aid by 70%

Key Points

Bloomberg's Alex Vasquez joins Scarlet Fu on "Bloomberg Deals." Mexicos President Claudia Sheinbaum’s proposed 2027 budget reduces support for state-owned oil company Petroleos Mexicanos, pledging 81 billion pesos ($4.8 billion) to help cover its debt payments, down nearly 70% from the amount allocated this year.

Bloomberg's Alex Vasquez joins Scarlet Fu on "Bloomberg Deals." Mexicos President Claudia Sheinbaum’s proposed 2027 budget reduces support for state-owned oil company Petroleos Mexicanos, pledging 81 billion pesos ($4.8 billion) to help cover its debt payments, down nearly 70% from the amount allocated this year. (Source: Bloomberg)
Mexican (ORG) Pemex Aid (ORG) Bloomberg (ORG) Alex Vasquez (PERSON) Scarlet Fu (PERSON) Mexicos (LOCATION) Claudia Sheinbaum (PERSON) Petroleos Mexicanos (ORG)
Originally published by Bloomberg Markets Read original →