body {overflow: hidden;} .js-needed-message {position: fixed; z-index: 999; width: 100%; height: 100%; background-color: rgba(0, 0, 0, 0.5); } .js-needed-message p {color: #444; width: 50%; padding: 30px; position: relative; top: 40%; left: 25%; pointer-events: auto; background-color: #fff; background-clip: padding-box; border: 1px solid rgba(0, 0, 0, 0.2); border-radius: 0.3rem; outline: 0; }

Enable JavaScript in your browser to view this website correctly.

Close panel

EN
ES

Compartir RRSS Cerrar RRSS

Published on Tuesday, December 18, 2018 | Updated on Wednesday, December 19, 2018

Mexico | 2019 fiscal budget: the government approves its first big test

The fiscal package is sound in macroeconomic terms but introduces some microeconomic distortions. It is built on reasonable and market-aligned economic assumptions. Revenue and spending projections are conservative. As we expected, market reaction was slightly positive.

Documents to download

Report (PDF)

181218_FiscalBudget2019_esp Spanish December 18, 2018
- Copy link
Report (PDF)

181217_FiscalBudget2019 English December 18, 2018
- Copy link

Authors

Javier AmadorBBVA Research - Principal Economist
Iván Martínez UrquijoBBVA Research - Principal Economist
Arnulfo RodríguezBBVA Research - Principal Economist
Saide Aránzazu SalazarBBVA Research - Principal Economist
Carlos SerranoBBVA Research - Chief Economist

Geographies

Geography Tags
Mexico

Topics

Topic Tags
Macroeconomic Analysis

Tags

Was this information useful?

Comments

Be the first to add a comment.

You may also be interested in