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MEXICO MAGICO
Acronismos = Acronyms |
By Prof. German Estrada - April 2007 |
An ACRONYM is a word formed from the first (or first few) letters of a series of words. As we have arrived at a time in which maybe even our own and proper names will be converted into Acronyms (hey you ABR, or HNM…!), let’s know and get acquainted with some of the most common Acronyms used by government agencies, banks, organizations, etc., etc., in this our México Mágico and, of course, in Puerto Vallarta.
In the future, whenever you may be told to go to the CANACERO located in the ZM so that they can help you to understand why AHMSA is charging you the inflation % rate that is “tie” with the CETES that BANXICO put for sale this month…, you’ll know where to look for the meaning of those scary words.
One doesn’t have to memorize them, but I think it’s not a bad idea to know a little bit about them. Have fun!
AHMSA Furnaces of Mexico, Altos Hornos de México, S.A.
AJUSTABONOS Adjustable Federal Bonds, Bonos Ajustables del Gobierno Federal
AMIA, A.C. Mexican Association of the Automotive Industry, Asociación Mexicana de la Industria Automotriz, A.C.
ANPACT, A.C. Producers of Buses, Trucks and Lorries National Association, Asociación Nacional de Productores de Autobuses, Camiones y Tractocamiones, A.C.
ASA Airports and Auxiliary Services, Aeropuertos y Servicios Auxiliares
BANOBRAS National Bank for Works and Public Services, S.N.C., Banco Nacional de Obras y Servicios Públicos, S.N.C.
BANXICO Bank of Mexico (Central Bank), Banco de México
BMV Mexican Stock Exchange, Bolsa Mexicana de Valores, S.A. de C.V.
BONDES Bonds for Federal Government Development, Bonos de Desarrollo del Gobierno Federal
BORES Urban Reconstruction Bonds, Bonos de Reestructuración Urbana
CANACERO National Chamber of Iron and Steel Industry, Cámara Nacional de la Industria del Hierro y el Acero
CANACINTRA National Chamber of Industry Transformation, Cámara Nacional de la Industria de la Transformación
CANACO National Chamber of Commerce, Cámara Nacional de Comercio
CAPUFE Federal Revenue Roads and Bridges, and Related Services, Caminos y Puentes Federales de Ingresos y Servicios Conexos
CETES Treasury Certificates (interest paid by banks are mainly based on them), Certificados de la Tesorería de la Federación
CFE Federal Commission for Electricity (government controlled), Comisión Federal de Electricidad
CIF Cost, Insurance and Freight, Costo, Seguro y Flete
CMIC Mexican Chamber of Construction, Cámara Mexicana de la Industria de la Construcción
CMM Mexican Mint, Casa de Moneda de México
CNDH National Commission on Human Rights (of which still very few people know the real meaning), Comisión Nacional de Derechos Humanos
CNIE National Commission of Foreign Investors, Comisión Nacional de Inversiones Extranjeras
CNSF National Commission of Insurance and Deposits, Comisión Nacional de Seguros y Fianzas
COFETEL Federal Commission of Telecommunications, Comisión Federal de Telecomunicaciones
COMESA Mexican Company of Explorations, Compañía Mexicana de Exploradores, S.A. de C.V.
COMIMSA Mexican Corporation of Research on Materials, Corporación Mexicana de Investigación en Materiales, S.A. de C.V.
CONCANACO Confederation of Chambers of Commerce, Confederacion de Cámaras de Comercio
CONACYT National Council for Science and Technology, Consejo Nacional de Ciencia y Tecnología
CONAFE National Commission on the Fostering of Education, Comisión Nacional de Fomento Educativo
CONASUPO National Company for Popular Supplies (government controlled), Compañía Nacional de Subsistencias Populares
CONAZA National Commission on Arid Zones, Comisión Nacional de Zonas Áridas
CONCAMIN Confederation of Industrial Chambers, Confederation de Cámaras Industriales
CONCARRIL National Railway Car Building Company, Constructora Nacional de Carros de Ferrocarril, S.A.
CP Postgraduates Association, Colegio de Posgraduados
DDF Federal District Department, Departamento del Distrito Federal (Mexico City)
DGPFC Highway Patrol Headquarters, Dirección General de Policía Federal de Caminos
DICONSA Conasupo Distribution Center (government controlled), Distribuidora e Impulsora Comercial CONASUPO, S.A. de C.V.
DIF Integrated Family Development Services (usually headed by the President's wife), Sistema para el Desarrollo Integral de la Familia
DOF Official Daily Journal of the Federation (every NEW law is published in it), Diario Oficial de la Federación
FAO The United Nations' Food and Agricultural Organization, Organización de las Naciones Unidas para la Agricultura y la Alimentación
FERTIMEX Mexican Fertilizers, Fertilizantes Mexicanos
FERRONALES Mexico's National Railways, Ferrocarriles Nacionales de México
FDI Administration of Foreign Investments, Dirección de Inversión Extranjera
FDN National Democratic Front (A political party. Only God knows if right or left wing), Frente Democrático Nacional
FICAPRO Own-House Trust Fund, Fideicomiso Casa Propia
FICORCA Exchange Risks Coverage Trust Fund, Fideicomiso para la Cobertura de Riesgos Cambiarios
FIDACA Trust Fund for the Economic and Social Development of Acapulco, Guerrero, Fideicomiso para el Desarrollo Económico y Social de Acapulco, Guerrero
FIVIDESU Housing and Urban Development Trust Fund, Fideicomiso para la Vivienda y el Desarrollo Urbano
FMI International Monetary Fund (IMF), Fondo Monetario Internacional
FNM Mexican National Railway, Ferrocarriles Nacionales de México
FOB Free On Board, Libre a Bordo
FONHAPO Popular Housing National Fund, Fondo Nacional de Habitaciones Populares
FOVI Housing Fund, Fondo de Operación y Financiamiento Bancario a laVivienda
FOVIMI Military Housing Fund, Fondo de Vivienda Militar
FOVISSSTE Housing Fund for the Institute of Social Security and Services for Government Employees, Fondo de la Vivienda del Instituto de Seguridad y Servicios Sociales de los Trabajadores del Estado
GIIS Inter-institutional Group for Health Information, Grupo Inter-institucional de Información en Salud
IMSS Mexican Social Security Institute, Instituto Mexicano del Seguro Social
IMSS Solidaridad IMSS-Solidarity, Instituto Mexicano del Seguro Social-Solidaridad
INAH National Institute of Anthropology and History, Instituto Nacional de Antropología e Historia
INEA National Institute for Adult Education, Instituto Nacional para la Educación de los Adultos
INEGI National Institute of Statistics, Geography and Computer Sciences, Instituto Nacional de Estadística, Geografía e Informática
INM Instituto Nacional de Migración - National Immigration Institute (only official place where one may get migratory documents in Mexico, i.e.: FM2, FM3, etc.)
INFONAVIT Instituto del Fondo Nacional de la Vivienda para los Trabajadores - Institute of Housing Fund for Workers
INI Instituto Nacional Indigenista - National Institute for Indigenous People
INMECAFE Instituto Mexicano del Café - Mexican Coffee Institute
IPN Instituto Politécnico Nacional - National Polytechnic Institute (one of the best vocational universities in the country)
ISSFAM Instituto de Seguridad Social para las Fuerzas Armadas Mexicanas - Social Security Institute for the Mexican Armed Forces
ISSSTE Instituto de Seguridad y Servicios Sociales de los Trabajadores del Estado - Institute of Social Security and Social Services for Government Employees
LICONSA Leche Industrializada CONASUPO, S.A. de C.V. - Conasupo Industrialized Milk (government-controlled)
LOTENAL Lotería Nacional para la Asistencia Pública - National Lottery for Public Assistance (government-controlled)
LyFC Luz y Fuerza del Centro - Electricity and Power Center (government-controlled)
NMP Nacional Monte de Piedad - National Pawn Agency (government-controlled)
ONU Organización de las Naciones Unidas - United Nations (UN)
PAGAFES Pagarés de la Tesorería de la Federación - Treasury Promissory Notes
PAN Partido Acción Nacional - National Action Party (President Fox belongs to it. ) Right Wing.
PARM Partido Auténtico de la Revolución Mexicana - Authentic Party of the Mexican Revolution (a political branch of the PRI) Left Wing.
PC Partido Comunista - Communist Party
PDM Partido Demócrata Mexicano - Mexican Democratic Party (Right Wing)
PEMEX Petróleos Mexicanos - Mexican Petroleum Company (government-controlled)
PETROBONOS Petrobonos - Oil Bonds
PFCRN Partido del Frente Cardenista de Reconstrucción Nacional - Cardenist Front Party for the National Reconstruction (Left Wing)
PIPSA Productora e Importadora de Papel, S.A. de C.V. (in the good old times of the PRI, it was used to control the press) - Paper Production and Import Company (government-controlled)
PMS Partido Mexicano Socialista - Mexican Socialist Party
PMT Partido Mexicano de los Trabajadores - Mexican Workers Party (left wing)
PPS Partido Popular Socialista - Socialist Popular Party
PRA Programa de Raciones Alimentarias - Food Stamps Program
PRD Partido de la Revolución Democrática - Democratic Revolutionary Party (Mexico's city mayor belongs to it. Left Wing)
PRI Partido Revolucionario Institucional - Institutional Revolutionary Party (71 years in power and still controls the majority in the Senate, Municipal Mayors and governorships).
PROFORMEX Productos Forestales Mexicanos - Mexican Forestry Producers
PROGRESA Programa de Educación, Salud y Alimentación - Education, Health and Nutrition Program (government-controlled)
PRT Partido Revolucionario de los Trabajadores - Revolutionary Workers Party (left wing)
PT Partido del Trabajo - Labour Party (left wing)
PVEM Partido Verde Ecologista de México (right wing) - Ecologist Green Party of Mexico (Won last election together with the PAN)
RNIE Registro Nacional de Inversiones Extranjeras - Foreign Investment National Registry (if you buy property in the Restricted Area, it has to be registered with them. Part of the Notary's cost).
SAGAR Secretaría de Agricultura,Ganadería, Pesca y Desarrollo Rural - Ministry of Agriculture, Livestock, Fish and Rural Development
SAR (AFORES) Sistema de Ahorro para el Retiro - Retirement Savings System (it changed to AFORES who are under control of the banks)
SARH Secretaría de Agricultura y Recursos Hidráulicos - Ministry of Agriculture and Water Resources
SCNM Sistema de Cuentas Nacionales de México - Mexican National Accounts System
SCT Secretaría de Comunicaciones y Transportes - Ministry of Communications and Transportation
SDN Secretaría de la Defensa Nacional - Ministry of National Defense
SE Secretaría de Energía - Ministry of Energy
SECOFI Secretaría de Comercio y Fomento Industrial - Ministry of Commerce and Industrial Promotion
SECTUR Secretaría de Turismo - Ministry of Tourism
SEDESOL Secretaría de Desarrollo Social - Ministry for Social Development
SEDUE Secretaría de Desarrollo Urbano y Ecología - Ministry of Urban Development and Ecology
SEMARNAP Secretaría de Medio Ambiente, Recursos Naturales y Pesca - Ministry of Environment, Natural Resources and Fishing
SEMIP Secretaría de Energía, Minas e Industria Paraestatal - Ministry of Energy, Mining and par-State Industry
SEP Secretaría de Educación Pública - Ministry of Public Education
SEPOMEX Servicio Postal Mexicano - Mexican Postal Service
SHCP Secretaría de Hacienda y Crédito Público - Ministry of Finances and Public Credit (includes SAT, equivalent to Revenue Canada and the IRS in the States)
SM Secretaría de Marina - Ministry of the Navy
SRE Secretaría de Relaciones Exteriores - Department of Foreign Affairs (the one that grants permits to buy property in the Restricted Zone)
SSA Secretaría de Salud - Department of Health and Public Assistance
TELECOMM Telecomunicaciones de México - Mexican Telecommunications
TELMEX Teléfonos Mexicanos, S.A. de C.V. - Mexican Telephone Company (Only company to provide local telephone service)
TIIP Tasa de Interés Interbancario Promedio - Average Interbanking Interest Rate
UDIBONOS Bonos de Desarrollo del Gobierno Federal Denominados en Unidades de Inversión - Federal Government Development Bonds
UACh Universidad Autónoma de Chapingo - Chapingo Autonomous University (one of the best in Agriculture studies)
UAM Universidad Autónoma Metropolitana - Metropolitan Autonomous University (in Mexico City)
UAAAN Universidad Autónoma Agraria Antonio Narro - Antonio Narro Agrarian Autonomous University (in the north of the country)
UNAM Universidad Nacional Autónoma de México - National Autonomous University of Mexico (first University in the Americas)
UNESCO Organización de las Naciones Unidas para la Educación, la Ciencia y la Cultura - Uniited Nations Educational, Scientific and Cultural Organization
UPN Universidad Pedagógica Nacional - National Pedagogic University
VIVAH Programa de Ahorro y Subsidios para la Vivienda Progresiva - Savings and Subsidies Program for Progressive Housing
WB Banco Mundial - World Bank
WHO Organización Mundial de la Salud = World Health Organization
ZM Zona Metropolitana = Metropolitan Zone
Prof. German Estrada
E-mail: estradanav@yahoo.com
Note: This article is re-printed every year –since 2004--for the benefit of the new readers of the PVMirror.Prof. Germán Estrada is the author of the best selling book, México Mágico: Everything You Wanted To Know About... But Nobody Told You..." available in Puerto Vallarta at The Book Shope, Libreria Guadalajara, as directly from his website.
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