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Monthly Archives: May 2013
Below is a translation of the Pact for Mexico website’s detailed overview of the recently-submitted Financial Reform package. In order to increase the availability of credit and make credit more affordable, a Financial Reform is proposed with respect to commitments … Continue reading
Pemex will conduct an international tender for the provision of natural gas transportation services via pipelines, for Phase II of the Los Ramones project. The second phase of this system will include 740 km of pipeline, covering the states of Nuevo … Continue reading
The financial reform initiative, which will be presented today by President Enrique Pena Nieto in the Chapultepec Castle, is aimed at increasing available credit and making it cheaper to borrow, thereby fulfilling commitments 62 and 63 of the Pact for … Continue reading
The Superior Audit Office of Mexico revealed that corruption in Mexico costs USD 165 annually per person.* It stressed that in 2010 corruption cost Mexican households around USD 58 more than in 2003, representing 14% of family income. “The assessments … Continue reading