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Mexico Slashes Pemex Aid by 70% to $4.8 Billion in New Budget

Mexico Slashes Pemex Aid by 70% to $4.8 Billion in New Budget

Mexico’s government aims to reduce its financial support for state-owned oil company Petroleos Mexicanos’ debt payments to 81.1 billion pesos ($4.8 billion) in 2027, down by nearly 70% from the 263.5.

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Reported by Scott Squires, Gonzalo Soto and Alex Vasquez · Syndicated via official news feed

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