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

Navy arrests eight hitmen and seizes arsenal in Puerto Vallarta

Navy arrests eight hitmen and seizes arsenal in Puerto Vallarta

Mexican Navy arrested eight people in Puerto Vallarta and seized guns, ammo, radios and tactical...
Cabo San Lucas plans major overhaul of cultural pavilion

Cabo San Lucas plans major overhaul of cultural pavilion

Los Cabos says it will rehabilitate Cabo San Lucas’ Pabellón Cultural, reinforcing structure and preparing...
What CJNG payroll sheets suggest about lookouts and gunmen

How CJNG payroll sheets could guide investigators in Jalisco

Seized Tapalpa sheets allegedly list CJNG pay and bribe labels. Here's how investigators verify records...
World Aquatics cancels Jalisco Diving World Cup stop

World Aquatics cancels Jalisco Diving World Cup stop

World Aquatics canceled the March 5-8 Diving World Cup stop in Zapopan, citing embassy travel...