Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Mexico Slashes Pemex Aid by 70% to $4.8 Billion in New Budget

Mexico’s government aims to reduce its financial support for state-owned oil company Petroleos Mexicanos’ debt payments to 81.1 billion pesos ($4.8 billion) in 2027, down by nearly 70% from the 263.5 billion pesos budgeted this year.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

More from Wednesday 9 September →