Mexico’s Customs Revenue Decline and German Investment Boost

Explore the recent 3.65% drop in Mexico's customs tax collection, the lowest since 2021, and its implications on the nation's fiscal health. Delve into the strategic meeting between German business leaders and Mexico's Secretary of Economy, highlighting commitments to enhance investments and job creation. This episode provides insights into the challenges of modernizing customs and the potential economic growth driven by international partnerships.

Sources:
https://www.eleconomista.com.mx/economia/recaudacion-impuestos-aduanas-cae-3-65-septiembre-shcp-20241120-735118.html
https://ovaciones.com/empresarios-alemanes-acuerdan-con-secretaria-de-economia-trabajar-para-potenciar-inversiones-en-mexico/

Outline:
(00:00:00) Introduction
(00:00:38) Tax collection in customs falls 3.65% to September: SHCP
(00:03:42) German businessmen agree with the Ministry of Economy to work to enhance investments in Mexico