President Andrés Manuel López Obrador presented a package of 29 public and private investment projects for an amount of 228,000 million pesos. On October 5, 2020, the Government and the Business Coordinating Council (CCE) formalized the Agreement for Economic Reactivation, which includes a set of actions and infrastructure
Total employed personnel in companies with IMMEX programs presented a fall of 2.1% year-on-year, INEGI reported this Monday. Also, the indicator of hours worked in IMMEX companies fell 3.5% in September, year on year, while real average wages advanced 1.2% in the reference month. The Monthly Statistics on
The Tax Administration Service (SAT) of Mexico broke a record in the examination of large taxpayers from January to September 2020. According to the federal government, the implementation of the annual examination program for large taxpayers, which aims to make the examination process more efficient, and as main
The peso starts the session with a depreciation of 0.14% or 2.8 cents, trading around 20.07 pesos per dollar, with the exchange rate touching a maximum of 20,1076 pesos. At the beginning of the last session of the month, there is caution among financial market participants, after strong
The collection in cash flow from foreign trade operations in Mexico totaled 633,942 million pesos from January to September 2020, an increase of 12.7% year-on-year, reported the Ministry of Finance and Public Credit (SHCP). The collection statistical information considers only the cash flow and does not consider virtual
The Federal Economic Competition Commission (Cofece) of Mexico authorized certain storage services to Grupo Karzogas. On September 15, 2020, Operadora y Administradora de Gasolineras de Matamoros (OAGM); Distribuidora de Combustibles Karzo (DCK) and KRZ PAAD Fuel Terminal (KRZ) requested the opinion of Cofece in terms of article 83