They Make Record Gifts to Pemex.
4 Articles
4 Articles
In 2025, record support to Pemex for 392 thousand mdp exceeded the budgeted level, pressured revenue and public spending and explained much of the high fiscal deficit.The federal government’s financial support to Mexican Oils (Pemex) reached an unprecedented level in 2025 and were consolidated as one of the main factors of pressure on public finances. From January to November, the transfers totaled 392,000 million pesos, a historical amount for …
From January to November 2025, financial transfers from the federal government to Pemex totaled almost 392 billion pesos.
Between January and December 5 of last year, the Mexican government injected 391.1 billion pesos (US$21.3 billion) into Pemex to ensure repayment of its debt to international and banking creditors and improve its liquidity position; however, the debt to suppliers remained virtually unchanged. Although the Ministry of Finance, headed by Edgar Amador, and the Ministry of Energy, led by Luz Elena González, who also serves as Chair of Pemex's Board …
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