Wednesday, April 23, 2025

AMLO announces more funding for Tourism Secretariat

Fears in the tourism sector over a reduced marketing budget might have been assuaged somewhat by President López Obrador this morning.

He told his daily press conference that the Tourism Secretariat will be one of the departments that will see an increase in their budgets for next year.

Tourism Secretary Miguel Torruco announced yesterday that the Tourism Promotion Council (CPTM) would be shut down and that its annual budget of approximately 6 billion pesos (US $295 million) will be invested in the construction of the Maya Train.

López Obrador said funds allocated to the CPTM have been managed without transparency.

Source: Milenio (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
China trade via Hong Kong

Hong Kong edges past Mexico in global trade ranking, riding wave of Chinese re-exports

0
Mexico slipped one spot in the global ranking of the 10 largest exporters, but remained Latin America's top exporter in 2024, according to the World Trade Organization (WTO).
IMF forecasts Mexico's economy will shrink in 2025

Mexico only major economy projected to shrink in 2025, IMF report shows

1
Sheinbaum noted on Tuesday that the Finance Ministry's forecast — that Mexico's economy will grow by 1.5-2.3% this year — doesn't coincide with the IMF's revised outlook.
Satellite image of massive dust storm over Chihuahua

Satellite captures colossal dust wall as it moves over northern Mexico

1
The impressive dust storm, which occurred earlier this week, was triggered by seasonal high winds in the Chihuahua Desert.