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In a statement, the finance ministry said the widely used Magna gasoline brand will rise 14.2 percent and will sell at an average price of 15.99 pesos (US$78 cents) per liter at retail, while Premium fuel will go up 20.1 percent to an average of 17.79 pesos per liter
Mexico's finance ministry on Friday said it would reduce debt issuance by US$1.02 billion in the second quarter after announcing plans to cut its overall program for this year.