Mexico's senate approves income part of 2013 budget

MEXICO CITY Thu Dec 13, 2012 7:24pm EST

Related Topics

MEXICO CITY Dec 13 (Reuters) - Mexico's senate on Thursday approved the income section of the government's 2013 budget plan, which foresees a slight increase in revenue next year as a global slowdown drags on Latin America's No. 2 economy.

Senators voted 101 in favor and 16 against to pass the income bill as it was approved by the lower house of Congress, with only minor modifications to the government's proposal.

These include a higher estimated price for the country's crude oil exports next year, which bumps up expected revenue from state oil firm Pemex.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

A tourist takes a plunge as she swims at Ngapali Beach, a popular tourist site, in the Thandwe township of the Rakhine state, October 6, 2013. Picture taken October 6, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: SOCIETY) - RTR3FOI0

Where do you want to go?

We look at when to take trips, budget considerations and the popularity of multigenerational family travel.   Video