Finances

At least six Mexican states were affected by the budget decrease

With FinTech Law, the Mexican government aims to reduce cash in circulation to cut down on money laundering and corruption, and to draw more people into the formal economy

Gross domestic product grew by 0.1%

Due to difficulties like an expensive USD, threats on tariffs, pressure on lowering the price of food and energetics, the increase of unemployment, and other factors, Banxico alerts of a possible mild recession

The “Marshall Plan” would boost the investment in and growth of the northern and southern frontiers of Mexico through an increase of private investment

An investigation carried out by the Tax Administration Service (SAT) revealed that companies evade on average between MXN $6,000 and MXN $8,198 for every worker annually

Pemex explained that the visit to New York was to communicate the aims and strategic goals of the new administration

54% of millennials work in the informal sector, which implies the lack of access to health services or benefits

A study from 2016 contradicts claims made by the current government and investors

Although a cash ban in Mexico City is still in place, Uber decided to begin accepting cash fares