México’s government issues new decree to counter inflation / @SE_mx >>>

#SE.- In continuity with the anti-inflationary policy and in view of the continuing international context with a generalized rise in prices, in accordance with the Anti-Inflation and Deficit Package (Pacic) and the Agreement to Open the Market to Fight Inflation and Deficit (Apecic), the Government of Mexico will publish today in the Official Gazette of the Federation a new decree for the temporary exemption from the payment of tariffs on the definitive importation of various food products, personal hygiene products, animal feed and inputs, the Mexican Government will publish today in the Official Gazette of the Federation, a new decree for the temporary exemption of tariffs on the definitive importation of various food products, personal hygiene products, animal feed and agricultural inputs, in order to counteract the escalation of prices during 2023.

It should be recalled that in May 2022 the PACIC was presented and, subsequently in October, the APECIC to counteract the prices of basic food basket products through the exemption of tariffs on imports and the granting of facilities in the review of any regulation that prevented or increased the import and introduction of food, including the mobility of such products through the freezing of concessioned highway tariffs.

In order to facilitate the application of the measures contained in the decrees of May 16 (updated on November 18) and October 19, 2022, they will be consolidated in a single instrument.

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