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Mexico: Government announces new plan to bail out PEMEX

Description

On 15 February 2019, the Mexican president, Andres Manuel Lopez Obrador, has announced the new set of measures to bail out PEMEX. Initially, the plan contemplates the allocation of MXN 107 billion (o...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Feb 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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