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Gasoline Price in July: Fuel Reaches Its 13th Week without Fiscal Stimulus
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For 13 consecutive weeks, the Ministry of Finance and Public Credit (SHCP) will not grant tax incentives or reductions to the quotas for the Special Tax on Production and Services (IEPS ) that charges gasoline and diesel . For the week of July 5 to 11 the quota per liter of gasoline Magna will be 6.45 pesos; for the Premium it will be 5.45 pesos, and for diesel it will be 7.09 pesos, detailed the dependence in the Official Journal of the Federat…
The Ministry of Finance and Public Credit (SHCP) will not apply any fiscal stimulus to motor fuels for next week, from 5 to 11 July, in what will be the tenth consecutive occasion so far this year. Faced with the risk of a further escalation of the conflict between Iran and Israel that occurred two weeks ago and that raised international oil prices by 10 percent, President Claudia Sheinbaum Pardo announced that, as a measure to support Mexicans,…
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