July 11, 2019 / 1:34 PM / 13 days ago

Mexico president says to propose tax break for struggling state oil company

MEXICO CITY, July 11 (Reuters) - The Mexican government will propose a reduction in the tax burden of heavily indebted state oil company Pemex in the nation’s 2020 budget, President Andres Manuel Lopez Obrador said Thursday. (Reporting by Adriana Barrera; Writing by Rebekah F Ward; Editing by Frank Jack Daniel)

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