Mexico | Considerations about the credit ratings of Mexico
Published on Thursday, January 20, 2022
Mexico | Considerations about the credit ratings of Mexico
Summary
In the following years public finances will continue to be pressured by the payment of pensions still remaining from the pay-as-you-go old system, guaranteed pensions and capital injections to Pemex.
Key points
- Key points:
- The expected stability of public debt (% of GDP) and anticipation of higher tax revenue would mitigate the risk of losing the investment grade in the next two or three years
- The risk of a credit rating downgrade expected by markets is low
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Country Risk
Tags
Authors
Javier Amador
BBVA Research - Principal Economist
Arnulfo Rodríguez
BBVA Research - Principal Economist
Carlos Serrano
BBVA Research - Chief Economist