Puerto Vallarta News

Puerto Vallarta News

New Mayor of Puerto Vallarta Uncovers 400 Million Pesos of Hidden Debt Not Reported by Previous Administration

Puerto Vallarta, Mexico — The new administration in Puerto Vallarta, led by Mayor Luis Ernesto Munguía González, is facing a significant fiscal challenge left by the previous municipal government. According to preliminary reports, the former administration may have left a public debt of between 350 and 400 million pesos, contradicting earlier assurances of a zero-debt transfer. Mayor Munguía González disclosed these findings to the public, emphasizing the critical need for a thorough review of the municipality's finances to determine the full extent of the liabilities inherited.

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...