Oil Revenue to FMP Falls 17% in the First 2 Months of 2020
Posted on 04/07/2020
Oil royalties paid by Pemex and other oil companies to the Fondo Mexicano del Petróleo para la Estabilización y el Desarrollo (FMP) dropped in January 2020 and February 2020, due to the globally lower oil prices. According to FMP figures, the fund received 67,142,000,000 pesos between January and February 2020, versus 81,314,000,000 pesos in the […]