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Mexico: State Aid for Pemex

Description

On 13 April 2016, the government of Mexico announced its decision to provide a state aid of 73.5 billion pesos ($4.2 billion) to its state oil firm Pemex. Approximately 36% of these state aid funds...

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Intervention Details

Intervention Type

Equity stake

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Apr 2016

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

state-controlled

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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