Mexico: government to raise gasoline prices eleven cents, January 5, 2013

Posted on January 4, 2013 • Filed under: Business, Mexico, Oil, TRAVEL

The new federal administration will maintain the growth “gradual” in the price of gasoline to reduce the subsidy that is exerted on these fuels, said Undersecretary of Revenue, Ministry of Finance and Public Credit, Miguel Messmacher Linarta. “We are keeping this policy of gradual slippage at the moment,” the official said, but added that failure to define if it’s the first or second month of the year. Read Article

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