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Mexico: Government establishes additional component to the fuel subsidy scheme

Description

On 4 March 2022, the Mexican government adopted a Decree establishing a new component to the fuel subsidy scheme to support, among others, the national productive sector. As the scheme is only open to...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

05 Mar 2022

Revocation date

31 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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