Mexico Diesel Subsidy Held at 100% as Petrol Discounts Rise

Bloomberg Linea

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The Ministry of Finance maintained 100 per cent of the diesel subsidy and increased additional support.

Expansion

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From 19 to 25 September, a tax discount or stimulus of 100% will be granted to the IEPS quota that is charged to diesel, mostly used for the mass movement of people and goods. Magna and Premium have greater stimuli.

El Economista

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For the week of September 19-25, the Ministry of Finance and Public Credit (SHCP) will again grant diesel a tax incentive of 100% of the Special Production and Services Tax (IEPS) quota of 7,3634 pesos per litre.

eldiariodechihuahua.mx

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The SHCP announced that it will subsidize IEPS to diesel by additionally applying a stimulus of 1,8361 pesos per litre