Internal contributions comprised 72% of Mexico‘s tax revenues in 2022, with 2 trillion 732,969 million pesos, a decrease of 1.3% at a year-on-year rate and in real terms. Above all, fiscal stimuli to maintain fuel prices impacted the result, according to information from the Ministry of Finance and
The global outlook for 2023 for the automotive sector remains negative, according to French credit insurer Coface, which also offers debt collection, factoring and commercial information services, among others. Factoring is an atypical and complex business with specific characteristics in international trade, through which companies and entrepreneurs assign
Among the greatest pressures on the prices of the main foodstuffs imported by Mexico were corn and wheat, according to the Bank of Mexico (Banxico). In the unprocessed products segment, the accelerated increase in import prices as a result of the pandemic, which was exacerbated by the conflict
Today, Brazil‘s telecommunications sector is fully open to competition and presents a different market dynamic, according to the Brazilian government. While the mobile market is concentrated and has a handful of large foreign operators, such as Telefónica (Spain), Telecom Italia (Italy) and Teléfonos de México (Telmex)/América Móvil (Mexico),
Mexico‘s Ministry of Finance and Public Credit (SHCP) showed the world and Mexico’s inflation trend and gave its outlook on the matter. One version of its outlook comprises the following content: During the last three months of 2022, a decrease in inflationary pressures was observed that seems to
In addition to the Covid-19 pandemic, the aging population has a major impact on Japan‘s fiscal situation and policy, according to information from the World Trade Organization (WTO). Between 2017 and 2019, the government fiscal deficit (central and local government expenditures and social spending) fluctuated between 2.5 and