Mexico’s Pemex cuts supplier debt by 50% under Sheinbaum

Investing.comFriday, October 24, 2025 at 5:29:05 PM
Mexico’s Pemex cuts supplier debt by 50% under Sheinbaum
Mexico's state-owned oil company, Pemex, has successfully reduced its supplier debt by 50% under the leadership of Claudia Sheinbaum. This significant financial maneuver not only alleviates the burden on suppliers but also strengthens Pemex's operational stability. The move is crucial as it reflects the government's commitment to improving the financial health of one of the country's most vital industries, potentially leading to increased investment and job creation.
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