Mexico | Federal Gov.’s support allows Pemex to improve its financial situation in 2016

Summary

The Federal Government’s support of Pemex amounts to a total of 123.5 billion pesos and comes from three sources: an equity contribution; the conversion of Pemex’s pension bond into negotiable instruments of the Federal Government; and a reduction in the duties payable by the Company deriving from the changes to its tax regime

Geographies

Topics

Tags