Tuesday, July 31, 2007

UPDATE 1-Mexico tax reforms won't end oil dependency -Ortiz

(Reuters) - President Felipe Calderon unveiled a long-awaited tax
proposal in June to try to plug fiscal gaps as economically
vital oil reserves falter.




"It's a step in the right direction. But it obviously
doesn't resolve the country's structural fiscal problems,"
said Guillermo Ortiz, the head of the central bank.


Read more at Reuters.com Bonds News

No comments: