LatinNews Daily - 30 May 2019

* Credit ratings agency Fitch Ratings has issued a statement describing a recent reduction in taxes for Mexico’s state-owned oil company Pemex as a step in the right direction but insufficient to stabilise the company’s credit rating. On 24 May, the Mexican government approved fiscal measures which represent tax relief of US$1.1bn for Pemex.

End of preview - This article contains approximately 55 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial