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Mexico: NAFIN provided a new factoring credit line to subsidiary of Petróleos Mexicanos (Pemex)

Description

In 2023, the Mexican development bank, Nacional Financiera (NAFIN), renewed the factoring credit line of a subsidiary of the state-owned oil company Pemex with a budget of USD 500 million. According t...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Dec 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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