Most popular news in the category «Mexican Economy»

World Bank lends credence to Mexico to combat climate change

March 2, 2012 | Posted in Mexican Economy | 49 views

The World Bank granted a loan to Mexico by 300.75 MDD, will be used to combat drought. FILE About 300.75 MDD will be destined to help affected by drought The Director of the World Bank for Mexico and Colombia, Gloria Grandolini, indicated that this institution recognizes the efforts of Mexico to promote a sustainable development Mexico City (MAR/02/2012)-the Secretariat of Social Development (Sedesol) announced that the World Bank granted a loan to Mexico by 300.75 million dollars to increase the adaptive capacity of individuals, communities and ecosystems against the effects of...

Finance will grant credits of up to 400 PESOS for security

March 2, 2012 | Posted in Mexican Economy | 34 views

States may provide funds to strengthen its security structure. FILE Violence in Tamaulipas obliges to Red Cross modify collection path Found 10 bodies in Durango, seven of them decapitated States that require it may request them They will also provide advice to the entities to implement schemes of public-private partnership for the construction and operation of infrastructure in this area Mexico City (MAR/02/2012)-will the President Felipe Calderón issued in the next in the coming days a decree to ensure that the Secretariat of finance and public credit (SHCP) provided...

Producer confidence indicator lower in February

March 2, 2012 | Posted in Mexican Economy | 48 views

In February 2012, the producer confidence indicator (ICP) fell by 2.4 points over the same month of 2011. FILE See full document here (PDF) Falls 2.4 points over the same month of 2011 His monthly compared with desestacionalizadas figures of the producer confidence indicator rose 0.88 points last February with regard to the level of the immediately previous month Mexico City (MAR/02/2012)-in February 2012, the producer confidence indicator (ICP) fell 2.4 points over the same month of 2011, by placing it at 54.5 points against 56.9 points from the preceding period, reported the...

Gives World Bank Mexico credit to combat climate change

March 2, 2012 | Posted in Mexican Economy | 73 views

The World Bank granted a loan to Mexico by 300.75 MDD, will be used to combat drought. FILE About 300.75 MDD will be destined to help affected by drought The Director of the World Bank for Mexico and Colombia, Gloria Grandolini, indicated that this institution recognizes the efforts of Mexico to promote a sustainable development Mexico City (MAR/02/2012)-the Secretariat of Social Development (Sedesol) announced that the World Bank granted a loan to Mexico by 300.75 million dollars to increase the adaptive capacity of individuals, communities and ecosystems against the effects of...

Mexico strengthens commercial ties with Mercosur

March 2, 2012 | Posted in Mexican Economy | 74 views

Mexico has boosted sectors such as the pharmaceutical and the car with his involvement with Mercosur. FILE The participation of the country power sectors such as the pharmaceutical and the car The Mexican delegate was in Uruguay, Paraguay, Brazil and Argentina, countries in which evaluated the scope of bilateral exchanges which grew significantly in the last years BUENOS AIRES, ARGENTINA (MAR/02/2012)-Undersecretary of foreign trade of Mexico, Francisco Leopoldo of Rosenzweig, ended today here a regional tour to strengthen trade ties with the Southern Cone common market...

Authorized executive to make additional subscription to IDB

March 2, 2012 | Posted in Mexican Economy | 56 views

The Inter-American Bank increases its ordinary capital Vázquez Mota meets with President of the IDB Are reformed articles second and third law This will enable the country to continue as the largest recipient of loans and disbursements in Latin America and the Caribbean Mexico City (MAR/01/2012)-with 73 votes, the Senate authorized the federal executive to carry out the additional subscription of more than 400 thousand shares of the Inter-American Bank of development (IDB), equivalent to more than four thousand 838 million 63 thousand 683 dollars. In addition, granted permission...

They record public finance surplus of 3.6 mmdp: SHCP

March 2, 2012 | Posted in Mexican Economy | 49 views

The budget revenue of the public sector were of 316.9 billion pesos The repeal of tax ownership, tax revenue decreasing 0.1 percent According to a preliminary report from the Secretariat of finance and public credit public finances and debt, if you exclude investment in Pemex, the public balance sheet presents a surplus of 18.8 billion pesos Mexico City (MAR/01/2012)-the Secretariat of finance and public credit (SHCP) reported that January 2012 public finances recorded a surplus of 3.6 billion pesos; While the primary balance was superavitario in 29.3 billion. According to a...

Registers Sectur historical figure of foreign visitors in January

March 2, 2012 | Posted in Mexican Economy | 55 views

Arrived in the country by air a million 24 thousand 572 foreign visitors. FILE Puerto Vallarta is transformed for the tourism Tianguis Increases 1.6% tourist activity in the country Jalisco sets record in the tourism Tianguis He surpassed by 14.6 per cent in the same period in 2008 The first month of the year in the number of rooms occupied 70 monitored destinations recorded a growth of 5.5 Mexico City (MAR/01/2012)-the Ministry of tourism (Sectur) reported that in January came to the country by air a million 24 thousand 572 foreign visitors, which represented an increase...

The Inter-American Bank increases its ordinary capital

March 2, 2012 | Posted in Mexican Economy | 49 views

The IDB, directed by Luis Alberto Moreno, increased its capital in a six year period ending in 1999. FILE Threats to Mexican economy are from abroad: IDB During 2002-2011 approved $ 8 billion a year, excluding emergency loans With the new financing they will focus on helping vulnerable countries belonging to the Agency WASHINGTON, USA (FEB/09/2012)-the Inter-American Bank (IDB), announced Thursday that its Member States authorized a $ 70 billion increase in its ordinary capital. The vote of the Assembly of Governors maximum authority of the Bank made up of the Governments of...

Mexican mixture achieves its highest level in four years

March 2, 2012 | Posted in Mexican Economy | 52 views

The barrel has reached a cost of 117.54 $ In the international market reference crude ended the day with positive results Mexico City (MAR/01/2012)-the Mexican mixture of export crude oil reached its highest level of the past four years, sold in 117.54 dollars per barrel, after an advance of 3.77 dollars on your previous quote, reported Petroleos Mexicanos (Pemex). With this increase, the cost per national barrel is 32.64 dollars above budgeted by the Chamber of Deputies for this year, from 84.90 $. Also, in the international market reference crude ended the day with positive...

Senate approves Mexico to IMF quota increase

March 2, 2012 | Posted in Mexican Economy | 48 views

The Senate endorsed the request of the Executive to increase share. The draft was sent to members for their approval. ARCHIV Mexico seeks to increase fee and power in the IMF Achieve consensus to strengthen IMF’s financial power It would amount to about 14 billion 037.7 million $ With increase of 145.8% in contributions, the power to vote in the country in the Agency would increase from 1.47 to 1.80 percent Mexico City (MAR/01/2012)-El Mexico Senate approved Thursday a request from the Government to raise in a 145.8% share that brings the country to the International...

Achieve consensus to strengthen IMF’s financial power

March 2, 2012 | Posted in Mexican Economy | 36 views

Gerardo Rodríguez Regordosa, he explained that the strengthening of the IMF are carried out through various mechanisms.NOTIMEX Calderón instructs ambassadors to improve the country’s image It recognizes holder SCHP challenges for the world economy Mexico assumes Presidency of the G-20 and is already working on an agenda for the Summit The G20 holds first meeting with Mexican presidency The group will have as climax the Summit of the 18-19 June in Los Cabos Officials discussed Thursday and Friday in city of Mexico options to complement the system of assessments of the...

Mexico seeks to increase fee and power in the IMF

March 2, 2012 | Posted in Mexican Economy | 47 views

President Felipe Calderon sent an initiative to the Senate so Mexico can have more participation in the IMF. EFE If approved the initiative 25% of the increase in fees will be paid in special drawing rights With this increase, outlined in the proposal, that the participation of Mexico in relation to total the agency fees will increase from 1.52 to 1.87%, implying that it will increase its power of voting 1.47 to 1.80 % Mexico City (14/Dec/2011)-with the aim that our country to expand its influence in decision-making, President Felipe Calderón sent an initiative to the Senate of...
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