Monetary Easing and Gas Prices in Mexico

The Mexican government is planning to set a cap on regular gasoline prices at $24 per liter, coinciding with a monetary relaxation cycle. Key discussions are underway about balancing economic growth and energy costs.


Monetary Easing and Gas Prices in Mexico

According to a publication in El Economista, it is expected that the monetary relaxation cycle will go hand in hand with the implementation of the upcoming tariffs. This economic movement is closely related to decisions about trade policy that will affect the country.

On the other hand, Reforma highlights the request to establish a cap of $24 per liter of gasoline, maintaining the current tax. An imminent agreement exists to regulate fuel prices, while the Government reports a record in the Special Tax on Production and Services, which has generated criticism from the opposition regarding its elimination.

In La Jornada, the head of government of Mexico City, Sheinbaum, demands investment in reactivating oil wells to increase national crude production. She emphasizes the low contribution of private entities in this sector, representing only 6% of the total.

In a news report disseminated by El Universal, there is information about the detection of a third U.S. spy plane in the border area of Mexico. The aircraft, known as La Dama Dragón, flew through the international airspace near several Mexican states without being detected by radar.

Meanwhile, Milenio highlights that the Pemex Plan guarantees the supply of fuels, while the Secretary of Energy notes a significant increase in the company’s debt between 2013 and 2018. The effort to recover production without acquiring new debt or cutting staff is emphasized.

Excélsior reports on the restructuring of Pemex to secure reserves in the next five years. The plan seeks to improve production without resorting to new loans or reducing the workforce.

Finally, El Financiero mentions the request from former U.S. President Donald Trump to cut interest rates, criticizing the Federal Reserve's policy. This call generates uncertainty in the international financial arena.