The Ministry of Finance and Public Credit (SHCP) put 94 municipalities, including Puerto Vallarta, under 'Yellow Alert' due to debt levels carried by the cities.
The above means that the debt reported in the second quarter of the year of those municipalities is under observation.
Along with Puerto Vallarta, Cuautla and Cuernavaca in Morelos; Monterrey, Nuevo León; Cuautitlán, State of Mexico, the city of Oaxaca; Cozumel, Quintana Roo and Tampico in Tamaulipas, also joins the list.
The green light was given to 368 municipalities, meaning an acceptable amount of debt is carried by the cities.
The rest of . . .
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