Fitch: Mexican Government's Financial Support to Pemex Could Threaten Sovereign Rating
Fitch: Mexican Government's Financial Support to Pemex Could Threaten Sovereign Rating
August 21, 2023--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Last week, Fitch Ratings released a report stressing that a substantial increase in financial support from the Mexican government to state-owned oil firm Petroleos Mexicanos (Pemex) (Mexico City) could lead to more deficit and higher government debt-to-GDP ratio, which could damage Mexico's sovereign credit rating.
Subscribe Now!(All Fields Required)
Related Articles
Articles related to this company
- Operations at Mexico's Dos Bocas Olmeca Refinery Delayed to 2024
- Pemex: Olmeca Refinery to Start Up This Year, Reach Higher Throughput in 20...
- Today's Refining Hotline Headlines
- Pemex Reports $1.5 Billion in Net Income, Higher Production in Second-Quart...
- Refinería Dos Bocas iniciará operaciones a fines de 2023 o el próximo año