Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s Congress approves budget, set to go into law

The upper house of Congress approved Mexico's budget with 79 votes in favor and 10 against and sent it to the executive branch for signing.

The version was unchanged from the legislation approved by Mexico's lower house last week, which was tweaked by a lower house finance committee.

The committee had adjusted the projected foreign exchange rate to 18.62 per dollar from a prior estimate of 18.20, and raised the revenue estimate by some 51.4 billion pesos ($2.77 billion).

The budget was also based on a projected average crude oil export price $42 per . . .

Read Full Story

Related Posts

There are now 8 cases of measles in Puerto Vallarta

Measles cases reach 8 in Puerto Vallarta as adults infected

Puerto Vallarta has eight confirmed measles cases, including three new young-adult infections tied to IMSS...
Playa Mamitas plan proposes hotel rooms and condos

Playa Mamitas plan proposes hotel rooms and condos

A new Semarnat filing outlines ZONNA near Playa Mamitas with 64 hotel rooms and 187...
Authorities roll out a Spring Break safety plan across beach

Spring Break safety modules set for Cabo hot spots

Los Cabos will staff three response points in Cabo San Lucas and boost patrols with...
How cartels pull young people into violence

Why Leaving a Cartel Is So Hard for Young Mexicans

Violence, identity, and online contact can pull youths in—and make exits rare. What research and...