Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexicali earns HR A+ rating for financial stability under Mayor Bustamante

The municipality of Mexicali secured an HR A+ rating for Mexicali financial stability thanks to a 2.8% primary balance surplus and strategic revenue growth under Mayor Norma Bustamante’s administration.

The City Council of Mexicali, Baja California’s capital, won an HR A+ rating from HR Ratings in its June report, underscoring the municipality’s strong financial stability under Mayor Norma Bustamante’s leadership. The top-tier rating reflects prudent budget management, robust revenue growth, and a notable surplus in primary balance.

In the 2024 fiscal year, Mexicali’s administration . . .

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