Filed Under: [ Business ] [ Hispanic News ] [ Non-US News ]
Tags: Mexico, remittance, remittances
Knowledge is Power!
“One of Mexican President Felipe Calderon’s promises is to stimulate the tourist industry, a great strategy insofar as tourism is already important to the Mexican economy. In fact some regions depend upon it.
In 2005, 22 million foreign tourists most from the U.S. visited Mexico, and they spent US$12 billion. After petroleum and emigrant remittances, tourism is the third highest legal source of income for the country. Increasing tourism revenues would help Mexico.”
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