Fecha Publicación: 24-01-2024

At its height, Pemex (Petróleos Mexicanos) represented a major source of income for Mexico’s federal government, accounting for 44% of the federal budget in 2008. Pemex’s present financial troubles mean that the business only contributed around 7% of the federal budget in 2023. Despite this, Pemex retains an important role in Mexican politics and will play a key part in the 2024 elections. Pemex’s relevance in the upcoming elections falls into three categories.

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