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Mexican Government Grants Pemex Tax Relief Following Credit Downgrades

Mexican Government Grants Pemex Tax Relief Following Credit Downgrades

February 15, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Mexico President Andres Manuel Lopez Obrador has granted a new financial stimulus to Petroleos Mexicanos (Pemex) (Mexico City) in the form of tax relief. The new package is equivalent to four months of taxes for October through January.