The rating agencies recognize the solid management of the Mexican government’s debt during the pandemic, which limited indebtedness. They also point out that sustainable public finances support the country’s macroeconomic stability.
It is estimated that by early 2022 the economy will fully regain its pre-pandemic level. The investment in infrastructure, the deepening of the financial sector, the reduction of the different gaps that restrict development and the greater commercial integration with our partners in the the United States-Mexico-Canada Agreement (USMCA), are factors that will help with the recovery of the Mexican economy.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2018/10/N_Documentos.jpg203610jfrancoohttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1490830449594.pngjfrancoo2021-04-16 11:19:302021-04-16 11:19:30Economic and public finance prospects for the end of 2021 and fiscal year 2022
The resources obtained from the placement of the Sustainable Bonds will be used for projects with social and environmental impact in eight different sectors.
The transaction, which brought together more than fifty investors and accumulates a demand of 3.5 times the amount placed, maintains Banobras’ position as the main issuer of thematic bonds in the local market.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2020/08/N-ALIDE-Banobras.jpg203610jfrancoohttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1490830449594.pngjfrancoo2021-03-19 14:46:482021-03-19 15:17:56Banobras successfully placed ten billion pesos through four sustainable bonds in the local market
Based on definitive figures, Petróleos Mexicanos reports that oil production in 2020 stood at 1,705 thousand barrels per day average per year. Exceeding the average annual production of 2019 by four thousand barrels per day.
With this production figure, Pemex ends the period of fifteen consecutive years of falls in oil production.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2021/02/N-Pemex2.jpg203610jfrancoohttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1490830449594.pngjfrancoo2021-02-22 11:58:062021-02-22 12:04:12PEMEX increased crude production in 2020
The Ministry of Finance, within the framework to strengthen its actions for the economic reactivation, carried out a management operation of the stock market liabilities of the National Infrastructure Fund (FONADIN), which obtained a total amount equivalent to 23,853 million pesos, where it took advantage of the low rates of interest to strengthen its finances and thus be able to continue as the Federal Government’s vehicle to promote infrastructure development and continue to co-invest, with the private sector, in projects with high social impact.
The issuance of new certificates reached a total demand of 2.63 times the amount placed, and the coupon rates were determined with the lowest surcharges in history with respect to UDIBONOS for the terms issued. This is the largest exchange between Stock Certificates in the history of the local market of the same issuer.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2020/12/N-Guadalupe_tornillo.jpg203504jfrancoohttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1490830449594.pngjfrancoo2020-12-11 20:06:312020-12-11 20:55:56A successful operation of the Ministry of Finance confirms investors confidence to co-invest in infrastructure development