Moody's: Pemex Needs $10B/yr State Aid for 5 Years; Debt to Fall by 2030

Moody's forecasts Pemex will require roughly $10 billion annually in federal support over the next five years, totaling up to $50 billion, while projecting a reduction in its debt by 2030. The outlook underscores persistent fiscal strain on Mexico's state oil firm and sovereign contingent liabilities, though the debt reduction forecast offers a moderating signal.