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

San Miguel posadas season

San Miguel posadas season lights up the city for nine nights

San Miguel de Allende’s public posadas run Dec. 16–24 at 7 p.m., moving nightly between...
Los Cabos Blue Flag

Los Cabos Blue Flag race could add 13 more beaches

Los Cabos says it has 27 Blue Flag beaches and wants 13 more, chasing Barcelona....
Coca-Cola holiday caravan

Coca-Cola holiday caravan rolls into Puerto Vallarta on Dec 19

Coca-Cola holiday caravan returns to Puerto Vallarta on Dec 19, looping from Fluvial Vallarta by...
snowbirds

Snowbird Seasons: Canadian Winter Life in Mexico

Snowbird Seasons follows Canadian winter life in Mexico, with real tips on housing, healthcare, and...