Pemex

Pemex

Pemex given billions of dollars of tax relief by Mexico's government

The Mexican government has provided Pemex, the state-owned oil company, with billions of dollars in tax relief to help alleviate the company's financial struggles. This move comes as part of Mexico's efforts to support Pemex and boost the country's oil production.

Pemex debt and finances

Pemex has been grappling with a significant amount of debt, which has raised concerns about the company's financial stability. The tax relief provided by the government is aimed at easing some of the financial burdens faced by Pemex and improving its overall financial health.

Mexican energy policy and Pemex

The Mexican government, under President AMLO's energy policy, has been working to strengthen Pemex and revitalize the country's energy sector. By providing tax relief and support to Pemex, Mexico aims to increase oil production and ensure a stable energy supply for the country.