Puerto Vallarta News

Puerto Vallarta 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

Puerto Vallarta surveillance

Puerto Vallarta surveillance shows quiet holiday shift

A new Puerto Vallarta surveillance sweep through parks, sports units and beaches ends with a...
Mexico City arts warehouse

Mexico City arts warehouse will protect 64,000 works

Mexico’s new Chapultepec arts hub will finally begin sheltering 64,000 works by February, while long-running...
Mexico development fund

Mexico development fund plan for 700,000 jobs in 3 years

Mexico’s state-backed fund of funds wants to channel billions into venture, credit and infrastructure to...
Tren Maya free return

Tren Maya New Year express sells out across Yucatán

Tren Maya hits its 1.2 million passenger goal and rolls out a bundled New Year...