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| Acronyms
- Part 1 | by Prof. German Estrada
May 27, 2002. | As the nice people that we
are, we Mexicans have always liked to share with others ALL the good things that
we have. That's why I want to share with our readers some of the "joys"
we have when we read, hear or are spoken to with Acronyms, something it seems
that has been the "new wave" for some time now, for everything in this
country. So whenever you may be told to go to the CANACERO
located in the ZM so that they can help you understand why AHMSA is charging you
the % inflation rate that is "tied" to the CETES that BANXICO put up
for sale this month… Well, I am sure most of you are already familiar with
this "trend". Just enjoy them! Acronyms are
followed by their description, then their full name in Spanish 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 Next
week we'll provide you with the second and final list of these beautiful "contractions".
gestrada@pvnet.com.mx
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 Net House, Mail Boxes, Etc., Books, Books as well as directly from the
author by internet. Archives
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